McBride (LON:MCB) Shares Up 23.1% – What’s Next?

McBride plc (LON:MCBGet Free Report)’s share price shot up 23.1% on Friday . The company traded as high as GBX 214.10 and last traded at GBX 206. Approximately 2,355,904 shares changed hands during trading, an increase of 442% from the average session volume of 435,018 shares. The stock had previously closed at GBX 167.40.

McBride Price Performance

The firm has a 50-day simple moving average of GBX 160.72 and a 200-day simple moving average of GBX 156.49. The firm has a market cap of £350.18 million, a P/E ratio of 12.19, a PEG ratio of -0.36 and a beta of 1.49. The company has a current ratio of 0.95, a quick ratio of 0.54 and a debt-to-equity ratio of 145.77.

Insiders Place Their Bets

In other McBride news, insider Christopher Ian Charles Smith sold 246,450 shares of McBride stock in a transaction dated Monday, June 15th. The stock was sold at an average price of GBX 145, for a total value of £357,352.50. 29.46% of the stock is currently owned by insiders.

About McBride

(Get Free Report)

With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end‑to‑end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.

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