Wynnstay Group (LON:WYN) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Wynnstay Group Plc (LON:WYN) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 343.98 and traded as high as GBX 350. Wynnstay Group shares last traded at GBX 337, with a volume of 6,669 shares trading hands.

Wynnstay Group Stock Down 0.8%

The company has a quick ratio of 1.03, a current ratio of 2.00 and a debt-to-equity ratio of 11.53. The firm’s 50-day moving average price is GBX 343.98 and its 200 day moving average price is GBX 355.41. The firm has a market cap of £78.39 million, a P/E ratio of 21.05 and a beta of 0.58.

Insider Activity

In other Wynnstay Group news, insider David Christensen purchased 3,000 shares of the business’s stock in a transaction dated Monday, October 6th. The shares were bought at an average price of GBX 360 per share, with a total value of £10,800. Also, insider Steven Esom acquired 2,891 shares of Wynnstay Group stock in a transaction dated Monday, December 1st. The shares were acquired at an average price of GBX 345 per share, with a total value of £9,973.95. Insiders have purchased a total of 9,369 shares of company stock worth $3,292,566 over the last ninety days. 4.14% of the stock is owned by company insiders.

Wynnstay Group Company Profile

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition.

Wynnstay supplies both direct-to-farm and via its extensive network of depots.