Greggs plc (LON:GRG - Get Free Report) insider Roisin Currie purchased 14 shares of the business's stock in a transaction dated Wednesday, October 23rd. The shares were purchased at an average cost of GBX 2,886 ($37.47) per share, with a total value of £404.04 ($524.59).
Greggs Stock Performance
Shares of Greggs stock traded up GBX 11 ($0.14) on Thursday, reaching GBX 2,889 ($37.51). The stock had a trading volume of 337,444 shares, compared to its average volume of 267,087. The company has a debt-to-equity ratio of 66.19, a quick ratio of 0.88 and a current ratio of 0.80. The business's 50-day moving average price is GBX 3,061.23 and its two-hundred day moving average price is GBX 2,923.04. The stock has a market cap of £2.93 billion, a P/E ratio of 2,155.97, a price-to-earnings-growth ratio of 3.39 and a beta of 1.43. Greggs plc has a fifty-two week low of GBX 2,264 ($29.39) and a fifty-two week high of GBX 3,250 ($42.20).
Greggs Cuts Dividend
The firm also recently declared a dividend, which was paid on Friday, October 4th. Stockholders of record on Thursday, September 5th were given a GBX 19 ($0.25) dividend. This represents a dividend yield of 0.65%. The ex-dividend date of this dividend was Thursday, September 5th. Greggs's dividend payout ratio is currently 4,850.75%.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on GRG shares. Berenberg Bank lifted their target price on shares of Greggs from GBX 3,340 ($43.37) to GBX 3,600 ($46.74) and gave the company a "buy" rating in a research note on Wednesday, July 31st. Shore Capital reiterated a "hold" rating on shares of Greggs in a report on Tuesday, September 10th.
Read Our Latest Report on GRG
About Greggs
(
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Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses.
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