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

Glanbia plc (LON:GLBGet Free Report)’s share price reached a new 52-week high on Wednesday . The company traded as high as GBX 19.70 and last traded at GBX 19.38, with a volume of 15882 shares traded. The stock had previously closed at GBX 17.15.

Glanbia Price Performance

The stock has a 50 day moving average of GBX 17.24 and a 200-day moving average of GBX 15.88. The stock has a market capitalization of £48.34 million, a P/E ratio of 0.28, a price-to-earnings-growth ratio of 8.32 and a beta of 0.45. The company has a current ratio of 1.36, a quick ratio of 0.86 and a debt-to-equity ratio of 62.98.

Insider Buying and Selling at Glanbia

In related news, insider Mark Garvey sold 21,151 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of GBX 1,728, for a total value of £365,489.28. Corporate insiders own 1.26% of the company’s stock.

About Glanbia

(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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