Greencore Group (OTCMKTS:GNCGY) Shares Gap Down – Here’s Why

Greencore Group (OTCMKTS:GNCGYGet Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $14.71, but opened at $12.90. Greencore Group shares last traded at $12.90, with a volume of 209 shares changing hands.

Greencore Group Stock Performance

The company has a current ratio of 0.74, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54. The company has a fifty day moving average of $13.09 and a two-hundred day moving average of $12.57.

Greencore Group Company Profile

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Greencore Group plc is an Ireland-founded food manufacturer focused on producing convenience foods for retailers, food-to-go operators and foodservice customers. The company’s operations are primarily centered in the United Kingdom, where it supplies products under customer-owned and other branded labels.

Its product range includes prepared sandwiches, salads, sushi, ready meals, soups, sauces, quiches, desserts and other chilled or frozen convenience foods. Greencore also provides food development, manufacturing and supply-chain services, working with customers to create products for retail and foodservice channels.

Greencore traces its origins to the former Irish Sugar business and was established as Greencore Group in the early 1990s.

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