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

Greencore Group (OTCMKTS:GNCGY)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $14.71, but opened at $12.90. Greencore Group shares last traded at $12.90, with a volume of 209 shares trading hands.

Greencore Group Price Performance

The company’s 50 day simple moving average is $12.99 and its two-hundred day simple moving average is $12.59. The company has a quick ratio of 0.64, a current ratio of 0.74 and a debt-to-equity ratio of 0.54.

Greencore Group Company Profile

Greencore Group plc is an Ireland-founded food manufacturer focused on producing convenience foods for retailers, food-to-go operators and foodservice customers. The company’s operations are primarily centered in the United Kingdom, where it supplies products under customer-owned and other branded labels.

Its product range includes prepared sandwiches, salads, sushi, ready meals, soups, sauces, quiches, desserts and other chilled or frozen convenience foods. Greencore also provides food development, manufacturing and supply-chain services, working with customers to create products for retail and foodservice channels.

Greencore traces its origins to the former Irish Sugar business and was established as Greencore Group in the early 1990s.