Glanbia (OTCMKTS:GLAPY) Reaches New 1-Year High – Time to Buy?

Glanbia Plc ADR (OTCMKTS:GLAPYGet Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $97.54 and last traded at $97.54, with a volume of 478 shares changing hands. The stock had previously closed at $86.57.

Glanbia Price Performance

The firm has a 50-day simple moving average of $86.63 and a two-hundred day simple moving average of $81.58. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.67 and a quick ratio of 0.89.

Glanbia Company Profile

(Get Free Report)

Glanbia plc is a global nutrition company headquartered in Kilkenny, Ireland. The company operates through two principal divisions: Performance Nutrition and Glanbia Nutritionals. Performance Nutrition develops and markets sports and lifestyle nutrition products, including powders, bars and ready-to-drink beverages for athletes and fitness enthusiasts. Glanbia Nutritionals supplies dairy-based ingredients, specialty cheeses, whey proteins, nutrient premixes and functional food solutions to food, beverage and supplement manufacturers worldwide.

Glanbia was formed in 1997 through the merger of Avonmore Food plc and Waterford Foods plc.

Further Reading

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