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

Greencore Group (OTCMKTS:GNCGY – Get Free Report)’s stock price reached a new 52-week high on Monday. The stock traded as high as $15.80 and last traded at $15.80, with a volume of 1,993 shares changing hands. The stock had previously closed at $15.20.

Greencore Group Stock Up 3.9%

The business has a 50-day moving average of $13.90 and a 200-day moving average of $12.51. 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 headquartered in Ireland and focused primarily on the convenience-food market in the United Kingdom. The company develops, manufactures and distributes prepared foods for retailers, foodservice operators and other customers.

Its product portfolio includes ready meals, chilled soups and sauces, salads, sandwiches, sushi, quiche, cakes and other desserts. Greencore supplies food products for consumption at home as well as products used in food-to-go and foodservice channels.

The company has roots in Ireland’s former state-owned sugar industry and evolved into a convenience-food business through divestments and acquisitions.

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