McBride plc (LON:MCB - Get Free Report)'s share price dropped 10.2% during mid-day trading on Tuesday . The company traded as low as GBX 121.50 ($1.50) and last traded at GBX 123 ($1.52). Approximately 1,100,271 shares were traded during trading, an increase of 195% from the average daily volume of 372,503 shares. The stock had previously closed at GBX 137 ($1.69).
McBride Stock Down 10.6 %
The firm's 50 day moving average price is GBX 107.15 and its 200-day moving average price is GBX 117.38. The company has a current ratio of 0.92, a quick ratio of 0.54 and a debt-to-equity ratio of 222.08. The company has a market cap of £212.57 million, a P/E ratio of 644.74, a price-to-earnings-growth ratio of -0.36 and a beta of 1.17.
Insiders Place Their Bets
In related news, insider Christopher Ian Charles Smith sold 145,000 shares of the stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of GBX 112 ($1.38), for a total value of £162,400 ($200,221.92). Also, insider Mark Strickland acquired 9,500 shares of the firm's stock in a transaction that occurred on Friday, November 15th. The shares were purchased at an average price of GBX 97 ($1.20) per share, with a total value of £9,215 ($11,361.11). Company insiders own 5.78% of the company's stock.
About McBride
(
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McBride plc, together with its subsidiaries, manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Australia, rest of Europe, rest of Asia-Pacific, and internationally. The company operates through five segments: Liquids, Powders, Unit dosing, Aerosols, and Asia Pacific.
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