Greencore Group (OTCMKTS:GNCGY) Sees Large Volume Increase – Here’s Why

Greencore Group (OTCMKTS:GNCGY – Get Free Report) saw an uptick in trading volume on Monday. 2,686 shares were traded during mid-day trading, an increase of 152% from the previous session’s volume of 1,064 shares. The stock last traded at $13.98 and had previously closed at $14.05.

Greencore Group Stock Performance

The stock’s fifty day moving average price is $13.83 and its two-hundred day moving average price is $12.46. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.74 and a quick ratio of 0.64.

About Greencore Group

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Greencore Group plc is a food manufacturer headquartered in Ireland and focused primarily on the convenience-food market in the United Kingdom. The company develops, manufactures and distributes prepared foods for retailers, foodservice operators and other customers.

Its product portfolio includes ready meals, chilled soups and sauces, salads, sandwiches, sushi, quiche, cakes and other desserts. Greencore supplies food products for consumption at home as well as products used in food-to-go and foodservice channels.

The company has roots in Ireland’s former state-owned sugar industry and evolved into a convenience-food business through divestments and acquisitions.

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