Cranswick (LON:CWK) Hits New 12-Month High - What's Next?

Shares of Cranswick plc (LON:CWK - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 5,160 ($67.38) and last traded at GBX 5,055.60 ($66.02), with a volume of 1097 shares changing hands. The stock had previously closed at GBX 5,056.87 ($66.03).

Analysts Set New Price Targets

Several brokerages have recently issued reports on CWK. Shore Capital reiterated a "house stock" rating on shares of Cranswick in a research report on Monday, July 29th. Jefferies Financial Group restated a "buy" rating and issued a GBX 50 ($0.65) price objective on shares of Cranswick in a report on Monday, July 29th.

Cranswick Price Performance

The stock has a market capitalization of £2.72 billion, a PE ratio of 2,425.84, a P/E/G 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's fifty day simple moving average is GBX 4,672.25 and its two-hundred day simple moving average is GBX 4,473.32.

Insider Buying and Selling at Cranswick

In other news, insider Adam Couch sold 25,000 shares of Cranswick stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of GBX 4,757 ($62.12), for a total transaction of £1,189,250 ($1,552,951.16). In other Cranswick news, insider Mark Bottomley sold 430 shares of the business's stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of GBX 4,658 ($60.83), for a total transaction of £20,029.40 ($26,154.87). Also, insider Adam Couch sold 25,000 shares of the business's stock in a transaction on Thursday, August 1st. The shares were sold at an average price of GBX 4,757 ($62.12), for a total transaction of £1,189,250 ($1,552,951.16). Insiders have sold a total of 50,128 shares of company stock valued at $238,989,743 over the last ninety days. Corporate insiders own 4.54% of the company's stock.

Cranswick Company Profile

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.