Glanbia (LON:GLB) Sets New 12-Month High – Here’s What Happened

Glanbia plc (LON:GLBGet Free Report)’s stock price hit a new 52-week high on Tuesday . The company traded as high as GBX 22.40 and last traded at GBX 20.90, with a volume of 85161 shares trading hands. The stock had previously closed at GBX 20.93.

Glanbia Stock Up 2.2%

The business has a 50-day simple moving average of GBX 18.72 and a two-hundred day simple moving average of GBX 16.76. The stock has a market capitalization of £52.88 million, a P/E ratio of 0.30, 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.

Insiders Place Their Bets

In other Glanbia news, insider Hugh McGuire sold 43,956 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of GBX 2,061, for a total value of £905,933.16. 1.26% of the stock is owned by company insiders.

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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