Greencore Group (OTCMKTS:GNCGY) Shares Gap Up – What’s Next?

Shares of Greencore Group (OTCMKTS:GNCGY – Get Free Report) gapped up before the market opened on Friday. The stock had previously closed at $15.85, but opened at $16.50. Greencore Group shares last traded at $16.50, with a volume of 809 shares traded.

Greencore Group Stock Up 4.3%

The company has a quick ratio of 0.64, a current ratio of 0.74 and a debt-to-equity ratio of 0.54. The company has a 50 day moving average price of $14.09 and a 200-day moving average price of $12.63.

Greencore Group Company Profile

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Greencore Group plc is a food manufacturer and supplier focused primarily on the convenience food market in the United Kingdom. The company develops, manufactures and distributes chilled, frozen and ambient food products for grocery retailers, foodservice operators and other customers.

Its product portfolio includes ready meals, chilled soups and sauces, quiche, sandwiches, salads, sushi and other food-to-go products. Greencore operates manufacturing facilities and food development capabilities in the UK, supplying products through retail and foodservice channels.

The company has roots in Ireland’s former state-owned sugar business and evolved into a diversified convenience food producer.

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