Roisin Currie Acquires 64 Shares of Greggs plc (LON:GRG) Stock

Greggs plc (LON:GRG) insider Roisin Currie bought 64 shares of the business’s stock in a transaction that occurred on Saturday, June 14th. The shares were bought at an average cost of GBX 2,791 ($37.87) per share, with a total value of £1,786.24 ($2,423.99).

Roisin Currie also recently made the following trade(s):

• On Tuesday, March 25th, Roisin Currie acquired 721 shares of Greggs stock. The shares were bought at an average cost of GBX 1,796 ($24.37) per share, with a total value of £12,949.16 ($17,572.48).

Greggs Price Performance

GRG stock opened at GBX 1,945 ($26.39) on Tuesday. Greggs plc has a 52 week low of GBX 1,657 ($22.49) and a 52 week high of GBX 3,250 ($44.10). The firm has a market capitalization of £1.96 billion, a P/E ratio of 14.43, a price-to-earnings-growth ratio of 3.39 and a beta of 1.43. The company has a fifty day simple moving average of GBX 1,921.31 and a two-hundred day simple moving average of GBX 2,120.29. The company has a quick ratio of 0.88, a current ratio of 0.80 and a debt-to-equity ratio of 66.19.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Shore Capital reissued a “buy” rating on shares of Greggs in a research note on Tuesday, May 20th. Berenberg Bank reiterated a “buy” rating and set a GBX 3,250 ($44.10) target price on shares of Greggs in a research report on Wednesday, May 21st.

About Greggs

Greggs is a leading UK food-on-the-go retailer with more than 2,600 shops nationwide and approximately 33,000 employees across the business.

As a food-on-the-go retailer, Greggs specialises in daily fresh shop-made sandwiches, and savouries baked fresh in the shop ovens throughout the day. These are further complemented by popular products and ranges including freshly ground coffee, breakfast, confectionery and evening menu items.