Glanbia (LON:GLB) Sets New 1-Year High – Still a Buy?

Glanbia plc (LON:GLBGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 24 and last traded at GBX 22.68, with a volume of 18436 shares traded. The stock had previously closed at GBX 22.

Glanbia Price Performance

The company has a fifty day simple moving average of GBX 19.92 and a 200 day simple moving average of GBX 17.42. The stock has a market capitalization of £54.82 million, a price-to-earnings ratio of 0.31, a P/E/G ratio of 8.32 and a beta of 0.52. The company has a debt-to-equity ratio of 58.40, a quick ratio of 0.85 and a current ratio of 1.36.

Insider Activity

In related news, insider Hugh McGuire sold 43,956 shares of Glanbia stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of GBX 2,061, for a total value of £905,933.16. 1.29% of the stock is owned by company insiders.

About Glanbia

(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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