Glanbia plc (LON:GLB – Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 22.76 and traded as high as GBX 24.20. Glanbia shares last traded at GBX 22.31, with a volume of 10,679 shares traded.
Glanbia Price Performance
The company has a market capitalization of £57.81 million, a price-to-earnings ratio of 0.33, a price-to-earnings-growth ratio of 8.32 and a beta of 0.47. The company has a 50-day moving average price of GBX 22.76 and a 200-day moving average price of GBX 19.39. The company has a debt-to-equity ratio of 58.40, a quick ratio of 0.85 and a current ratio of 1.36.
Insiders Place Their Bets
In related news, insider Hugh McGuire sold 43,956 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of GBX 2,061, for a total transaction of £905,933.16. 1.29% of the stock is owned by insiders.
About Glanbia
We are a better nutrition company, home to consumer brands and ingredients that help people around the world feel strong, nourished, and to perform well at any age. Everything we do has real nutritional benefit. Everything we do is in pursuit of better, for each other and the planet.
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