Zacks Investment Research upgraded shares of Greene King (OTCMKTS:GKNGY) from a sell rating to a hold rating in a research note published on Wednesday, January 31st.
According to Zacks, “Greene King plc is a pub retailer and brewer. The Company operates managed, tenanted, leased and franchised pubs, restaurants and hotels, including brands, such as Hungry Horse, Chef & Brewer, Flaming Grill, Farmhouse Inns and its Greene King locals estate. It operates primarily in England, Wales and Scotland. Greene King plc is headquartered in Bury St. Edmunds. “
Greene King (OTCMKTS GKNGY) traded down $0.95 during mid-day trading on Wednesday, hitting $14.20. 1,500 shares of the stock traded hands, compared to its average volume of 714. Greene King has a 1 year low of $13.29 and a 1 year high of $16.21. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 1.14.
The business also recently announced a None dividend, which was paid on Friday, January 26th. Shareholders of record on Monday, December 11th were given a $0.216 dividend. The ex-dividend date of this dividend was Friday, December 8th.
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About Greene King
Greene King plc operates as a pub retailer and brewer in the United Kingdom. The company operates through Pub Company, Pub Partners, and Brewing & Brands segments. Its retail brands and formats include Greene King Local Pubs, Hungry Horse, Flaming Grill, Farmhouse Inns, and Chef & Brewer. The company is also involved in brewing, marketing, and selling beer under the Greene King IPA, Old Speckled Hen, Abbot Ale, and Belhaven Best brands.
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