Greencore Group (LON:GNC) Reaches New 12-Month High – Still a Buy?

Greencore Group plc (LON:GNC) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 232 ($3.14) and last traded at GBX 230.06 ($3.11), with a volume of 645525 shares changing hands. The stock had previously closed at GBX 225.50 ($3.05).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of Greencore Group in a research report on Monday, March 17th.

Greencore Group Trading Up 0.2%

The company has a market cap of £1.00 billion, a price-to-earnings ratio of 20.85, a P/E/G ratio of 0.10 and a beta of 1.19. The firm’s fifty day moving average price is GBX 193.18 and its 200-day moving average price is GBX 193.93. The company has a debt-to-equity ratio of 55.60, a current ratio of 0.70 and a quick ratio of 0.62.

About Greencore Group

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed.

We supply all of the major supermarkets in the UK.