Cranswick (LON:CWK) Hits New 1-Year High at $5,041.80

Cranswick plc (LON:CWK - Get Free Report)'s stock price hit a new 52-week high during trading on Friday . The stock traded as high as GBX 5,041.80 ($67.51) and last traded at GBX 5,030 ($67.35), with a volume of 278136 shares changing hands. The stock had previously closed at GBX 4,715 ($63.14).

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on CWK shares. Jefferies Financial Group reissued a "buy" rating and set a GBX 50 ($0.67) price target on shares of Cranswick in a research report on Monday, July 29th. Shore Capital reissued a "house stock" rating on shares of Cranswick in a research note on Monday, July 29th.

Cranswick Price Performance

The stock has a market cap of £2.70 billion, a price-to-earnings ratio of 2,395.24, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44. The company has a debt-to-equity ratio of 13.88, a quick ratio of 1.02 and a current ratio of 1.66. The company has a 50-day simple moving average of GBX 4,581.34 and a two-hundred day simple moving average of GBX 4,402.06.

Insiders Place Their Bets

In related news, insider Mark Bottomley sold 8,197 shares of Cranswick stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of GBX 4,519 ($60.51), for a total transaction of £370,422.43 ($496,012.90). In related news, insider Adam Couch sold 25,000 shares of the company's stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of GBX 4,757 ($63.70), for a total value of £1,189,250 ($1,592,461.17). Also, insider Mark Bottomley sold 8,197 shares of the stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of GBX 4,519 ($60.51), for a total transaction of £370,422.43 ($496,012.90). Over the last three months, insiders have sold 33,628 shares of company stock valued at $157,974,743. 4.57% of the stock is currently owned by corporate insiders.

About Cranswick

Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.