Glanbia (LON:GLB) Sets New 52-Week High – What’s Next?

Glanbia plc (LON:GLBGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as GBX 22.40 and last traded at GBX 20.90, with a volume of 85161 shares changing hands. The stock had previously closed at GBX 20.93.

Glanbia Stock Performance

The company has a debt-to-equity ratio of 62.98, a quick ratio of 0.86 and a current ratio of 1.36. The company has a market cap of £50.50 million, a price-to-earnings ratio of 0.29, a P/E/G ratio of 8.32 and a beta of 0.53. The company has a fifty day moving average of GBX 18.51 and a two-hundred day moving average of GBX 16.67.

Insider Buying and Selling at Glanbia

In related news, insider Hugh McGuire sold 43,956 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of GBX 2,061, for a total transaction of £905,933.16. 1.26% of the stock is currently owned by company insiders.

Glanbia Company Profile

(Get Free Report)

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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