Greencore Group (OTCMKTS:GNCGY) Shares Gap Up – Still a Buy?

Shares of Greencore Group (OTCMKTS:GNCGY) gapped up prior to trading on Tuesday . The stock had previously closed at $13.30, but opened at $14.10. Greencore Group shares last traded at $14.10, with a volume of 136 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank upgraded Greencore Group to a “strong-buy” rating in a research note on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, Greencore Group has a consensus rating of “Strong Buy”.

Greencore Group Price Performance

The company has a current ratio of 0.68, a quick ratio of 0.57 and a debt-to-equity ratio of 0.19. The company’s fifty day moving average is $13.00 and its 200-day moving average is $13.26.

Greencore Group Company Profile

Greencore Group plc is a leading manufacturer of convenience foods, specializing in ready-to-eat sandwiches, salads, soups, and other chilled and frozen meal solutions. Headquartered in Dublin, Ireland, the company serves major grocery retailers, foodservice operators, and export markets across the United Kingdom, Ireland, and the United States. Its product portfolio spans breakfast items, on-the-go snacks, and meal components designed to meet evolving consumer demands for freshness, quality, and convenience.

Established in 1991 following the privatization of state-owned food interests in Ireland, Greencore has grown through strategic acquisitions and organic expansion.