Mark Bottomley Sells 250 Shares of Cranswick (LON:CWK) Stock

Cranswick plc (LON:CWK) insider Mark Bottomley sold 250 shares of the business’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of GBX 5,097, for a total value of £12,742.50.

Cranswick Price Performance

CWK opened at GBX 5,126.60 on Tuesday. The company’s 50-day simple moving average is GBX 5,253.58 and its two-hundred day simple moving average is GBX 5,089.36. The company has a debt-to-equity ratio of 40.43, a quick ratio of 1.02 and a current ratio of 1.78. The stock has a market capitalization of £2.74 billion, a P/E ratio of 18.95, a P/E/G ratio of 2.62 and a beta of 0.59. Cranswick plc has a 52-week low of GBX 4,590 and a 52-week high of GBX 5,590.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CWK. Jefferies Financial Group restated a “buy” rating on shares of Cranswick in a research report on Monday, February 2nd. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 5,770 target price on shares of Cranswick in a research report on Tuesday, January 27th. Peel Hunt reiterated a “buy” rating and set a GBX 5,500 target price on shares of Cranswick in a research note on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft increased their price target on Cranswick from GBX 6,000 to GBX 6,100 and gave the company a “buy” rating in a report on Tuesday, November 25th. Finally, Shore Capital Group restated a “house stock” rating on shares of Cranswick in a research note on Tuesday, November 25th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 5,790.

About Cranswick

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of more than £2.7 billion. The business employs over 15,400 people and operates from 23 well-invested, highly efficient facilities in the UK. Cranswick was formed in the early 1970s by farmers in East Yorkshire to produce animal feed and has since evolved into a business which produces a range of high-quality, predominantly fresh food, including fresh pork, poultry, convenience, gourmet products and pet food.