Greencore Group (OTCMKTS:GNCGY) Sets New 1-Year High – Still a Buy?

Greencore Group (OTCMKTS:GNCGY – Get Free Report) shares hit a new 52-week high on Thursday. The company traded as high as $16.96 and last traded at $16.96, with a volume of 10,117 shares traded. The stock had previously closed at $16.50.

Greencore Group Stock Up 2.8%

The business’s 50-day moving average price is $14.46 and its 200 day moving average price is $12.99. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.74 and a quick ratio of 0.64.

Greencore Group Company Profile

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Greencore Group plc is a food manufacturer and supplier focused primarily on the convenience food market in the United Kingdom. The company develops, manufactures and distributes chilled, frozen and ambient food products for grocery retailers, foodservice operators and other customers.

Its product portfolio includes ready meals, chilled soups and sauces, quiche, sandwiches, salads, sushi and other food-to-go products. Greencore operates manufacturing facilities and food development capabilities in the UK, supplying products through retail and foodservice channels.

The company has roots in Ireland’s former state-owned sugar business and evolved into a diversified convenience food producer.

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