Cranswick plc (LON:CWK - Get Free Report) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 5,110 ($68.35) and last traded at GBX 5,050 ($67.55), with a volume of 80962 shares. The stock had previously closed at GBX 5,100 ($68.22).
Wall Street Analyst Weigh In
Several analysts have recently commented on CWK shares. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 50 ($0.67) price target on shares of Cranswick in a research report on Monday, July 29th. Shore Capital reiterated a "house stock" rating on shares of Cranswick in a report on Monday, July 29th.
View Our Latest Stock Analysis on CWK
Cranswick Price Performance
The company has a market capitalization of £2.71 billion, a price-to-earnings ratio of 2,404.76, a PEG ratio of 2.62 and a beta of 0.44. The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 13.88. The company's 50 day simple moving average is GBX 4,635.44 and its 200-day simple moving average is GBX 4,435.62.
Insiders Place Their Bets
In other Cranswick news, insider Adam Couch sold 25,000 shares of Cranswick stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of GBX 4,757 ($63.63), for a total value of £1,189,250 ($1,590,757.09). In other news, insider Christopher Aldersley sold 16,500 shares of the stock in a transaction on Friday, September 27th. The shares were sold at an average price of GBX 4,910 ($65.68), for a total value of £810,150 ($1,083,667.74). Also, insider Adam Couch sold 25,000 shares of the stock in a transaction on Thursday, August 1st. The shares were sold at an average price of GBX 4,757 ($63.63), for a total value of £1,189,250 ($1,590,757.09). Insiders have sold a total of 50,128 shares of company stock valued at $238,989,743 in the last quarter. 4.57% of the stock is currently owned by company insiders.
About Cranswick
(
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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.
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