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

Glanbia plc (LON:GLBGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 22.32 and last traded at GBX 22.03, with a volume of 20522 shares changing hands. The stock had previously closed at GBX 21.35.

Glanbia Stock Performance

The company has a market cap of £53.46 million, a PE ratio of 0.31, a PEG ratio of 8.32 and a beta of 0.52. The company has a debt-to-equity ratio of 62.98, a current ratio of 1.36 and a quick ratio of 0.86. The business has a 50-day moving average of GBX 19.27 and a 200 day moving average of GBX 17.06.

Insider Buying and Selling

In other Glanbia news, insider Hugh McGuire sold 43,956 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of GBX 2,061, for a total value of £905,933.16. Company insiders own 1.29% 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.

Further Reading

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