Glanbia Plc ADR (OTCMKTS:GLAPY – Get Free Report)’s stock price was up 10.8% during mid-day trading on Wednesday . The stock traded as high as $131.01 and last traded at $131.01. Approximately 272 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 587 shares. The stock had previously closed at $118.22.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on GLAPY. Zacks Research raised Glanbia to a “hold” rating in a research note on Tuesday, March 3rd. Kepler Capital Markets downgraded Glanbia from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.
Get Our Latest Stock Analysis on Glanbia
Glanbia Trading Up 3.2%
Glanbia Company Profile
Glanbia plc is a global nutrition company headquartered in Kilkenny, Ireland. The company operates through two principal divisions: Performance Nutrition and Glanbia Nutritionals. Performance Nutrition develops and markets sports and lifestyle nutrition products, including powders, bars and ready-to-drink beverages for athletes and fitness enthusiasts. Glanbia Nutritionals supplies dairy-based ingredients, specialty cheeses, whey proteins, nutrient premixes and functional food solutions to food, beverage and supplement manufacturers worldwide.
Glanbia was formed in 1997 through the merger of Avonmore Food plc and Waterford Foods plc.
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