Glanbia (LON:GLB) Sets New 12-Month High – Still a Buy?

Glanbia plc (LON:GLBGet Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 21.20 and last traded at GBX 20.94, with a volume of 13717 shares trading hands. The stock had previously closed at GBX 20.74.

Glanbia Trading Down 2.1%

The stock has a market cap of £49.93 million, a price-to-earnings ratio of 0.29, a PEG ratio of 8.32 and a beta of 0.53. The company has a quick ratio of 0.86, a current ratio of 1.36 and a debt-to-equity ratio of 62.98. The business has a 50-day moving average of GBX 17.92 and a 200-day moving average of GBX 16.31.

Insider Transactions at Glanbia

In related news, insider Mark Garvey sold 21,151 shares of Glanbia stock in a transaction on Friday, February 27th. The stock was sold at an average price of GBX 1,728, for a total transaction of £365,489.28. Insiders own 1.26% of the company’s stock.

Glanbia Company Profile

(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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