Glanbia (LON:GLB) Sets New 1-Year High – What’s Next?

Glanbia plc (LON:GLBGet Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 25.60 and last traded at GBX 24.09, with a volume of 88770 shares changing hands. The stock had previously closed at GBX 23.96.

Glanbia Stock Performance

The company has a quick ratio of 0.85, a current ratio of 1.36 and a debt-to-equity ratio of 58.40. The company has a market capitalization of £58.24 million, a P/E ratio of 0.33, a price-to-earnings-growth ratio of 8.32 and a beta of 0.51. The business has a 50 day moving average of GBX 21.79 and a 200 day moving average of GBX 18.35.

Insider Buying and Selling

In other Glanbia news, insider Hugh McGuire sold 43,956 shares of Glanbia stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of GBX 2,061, for a total value of £905,933.16. 1.29% of the stock is owned by company insiders.

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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