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Greencore Group (LON:GNC) Hits New 12-Month High - Time to Buy?

Greencore Group logo with Consumer Defensive background

Greencore Group plc (LON:GNC - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 192 ($2.51) and last traded at GBX 188 ($2.46), with a volume of 8076196 shares traded. The stock had previously closed at GBX 180.20 ($2.36).

Analyst Ratings Changes

GNC has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft restated a "sell" rating and issued a GBX 130 ($1.70) price objective on shares of Greencore Group in a research report on Thursday, September 12th. Shore Capital restated a "house stock" rating on shares of Greencore Group in a research report on Tuesday.

Check Out Our Latest Analysis on GNC

Greencore Group Price Performance

The business's 50-day moving average price is GBX 179.80 and its 200 day moving average price is GBX 161.59. The company has a quick ratio of 0.62, a current ratio of 0.79 and a debt-to-equity ratio of 78.73. The company has a market capitalization of £881.00 million, a P/E ratio of 1,960.00, a price-to-earnings-growth ratio of 0.10 and a beta of 1.19.

About Greencore Group

(Get Free Report)

Greencore Group plc, together with its subsidiaries, manufactures and sells convenience food products in the United Kingdom and Ireland. The company offers sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings.

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