Glanbia Plc ADR (OTCMKTS:GLAPY – Get Free Report) shares dropped 11.9% during trading on Wednesday. The stock traded as low as $108.40 and last traded at $108.40. 100 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 525 shares. The stock had previously closed at $123.07.
Glanbia Trading Down 7.4%
The business’s fifty day moving average is $125.14 and its 200-day moving average is $121.60. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.49.
About Glanbia
Glanbia plc is an Ireland-based global nutrition company that develops, manufactures and markets performance, lifestyle and health-focused nutrition products. Its portfolio includes protein powders, bars, shakes, supplements and other nutritional products sold through retail, e-commerce, specialty and foodservice channels.
Through its Glanbia Performance Nutrition business, the company markets brands including Optimum Nutrition, Isopure, SlimFast and BSN. Glanbia Nutritionals supplies nutritional ingredients, premixes and solutions to food, beverage and supplement manufacturers, while its broader operations also include dairy and cheese activities serving consumer and commercial markets.
Glanbia traces its history to the Irish dairy cooperatives Avonmore and Waterford Foods, which merged in 1997 to form the company.
Featured Articles
- Five stocks we like better than Glanbia
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
- How a Hurricane Could Help Some Refineries—and Hurt Others
- Intel Bets on Cheaper AI as Foundry Losses Mount
- Don’t Get NVIDIA’s Reflection AI Interest Wrong: Its Moat Could Deepen
Receive News & Ratings for Glanbia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Glanbia and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}