Glanbia (LON:GLB) Hits New 52-Week High – Here’s Why

Glanbia plc (LON:GLBGet Free Report) shares hit a new 52-week high on Monday . The company traded as high as GBX 24.20 and last traded at GBX 24.07, with a volume of 38044 shares changing hands. The stock had previously closed at GBX 23.94.

Glanbia Stock Performance

The company has a quick ratio of 0.85, a current ratio of 1.36 and a debt-to-equity ratio of 58.40. The stock has a market capitalization of £59.94 million, a PE ratio of 0.34, a PEG ratio of 8.32 and a beta of 0.52. The firm has a 50 day moving average price of GBX 20.71 and a 200-day moving average price of GBX 17.79.

Insiders Place Their Bets

In other Glanbia news, insider Hugh McGuire sold 43,956 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of GBX 2,061, for a total transaction of £905,933.16. Company insiders own 1.29% of the company’s stock.

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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