Wynnstay Group (LON:WYN) Sets New 52-Week High – Here’s Why

Wynnstay Group Plc (LON:WYN) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 410 and last traded at GBX 407.70, with a volume of 71155 shares changing hands. The stock had previously closed at GBX 390.

Wynnstay Group Trading Up 4.5%

The company’s fifty day simple moving average is GBX 343.83 and its two-hundred day simple moving average is GBX 354.62. The company has a market capitalization of £94.05 million, a price-to-earnings ratio of 25.26 and a beta of 0.58. The company has a quick ratio of 1.03, a current ratio of 2.00 and a debt-to-equity ratio of 11.53.

Insider Buying and Selling at Wynnstay Group

In other Wynnstay Group news, insider Steven Esom acquired 2,891 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were acquired at an average price of GBX 345 per share, with a total value of £9,973.95. Also, insider Rob Thomas bought 2,891 shares of Wynnstay Group stock in a transaction on Monday, December 1st. The shares were acquired at an average price of GBX 345 per share, for a total transaction of £9,973.95. Insiders have purchased a total of 5,863 shares of company stock worth $2,022,816 in the last ninety days. 4.14% of the stock is currently owned by company insiders.

About Wynnstay Group

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition.

Wynnstay supplies both direct-to-farm and via its extensive network of depots.