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Greencore Group (LON:GNC) Sets New 52-Week High - Here's Why

Greencore Group logo with Consumer Defensive background

Shares of Greencore Group plc (LON:GNC - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 219 ($2.84) and last traded at GBX 215.50 ($2.80), with a volume of 49606 shares traded. The stock had previously closed at GBX 215 ($2.79).

Analyst Ratings Changes

GNC has been the topic of a number of research analyst reports. Shore Capital restated a "house stock" rating on shares of Greencore Group in a research report on Tuesday, October 8th. Deutsche Bank Aktiengesellschaft reissued a "sell" rating and set a GBX 130 ($1.69) price objective on shares of Greencore Group in a report on Thursday, September 12th.

View Our Latest Stock Analysis on Greencore Group

Greencore Group Trading Up 0.2 %

The company has a current ratio of 0.79, a quick ratio of 0.62 and a debt-to-equity ratio of 78.73. The firm has a market capitalization of £966.93 million, a price-to-earnings ratio of 2,143.80, a P/E/G ratio of 0.10 and a beta of 1.19. The firm's 50-day moving average is GBX 189.19 and its 200 day moving average is GBX 169.83.

Greencore Group Company Profile

(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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