Cranswick (LON:CWK) Hits New 52-Week High at $4,305.71

Cranswick plc (LON:CWK)’s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 4,305.71 ($53.18) and last traded at GBX 4,305 ($53.17), with a volume of 254669 shares. The stock had previously closed at GBX 4,290 ($52.99).

Analyst Ratings Changes

CWK has been the topic of several research reports. Shore Capital restated a “house stock” rating on shares of Cranswick in a report on Tuesday, April 2nd. Berenberg Bank upped their target price on Cranswick from GBX 4,694 ($57.98) to GBX 4,921 ($60.78) and gave the company a “buy” rating in a report on Wednesday, January 31st. Finally, Redburn Partners assumed coverage on Cranswick in a report on Wednesday, March 20th. They issued a “buy” rating and a GBX 4,900 ($60.52) target price on the stock. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,405.25 ($54.41).

Cranswick Price Performance

The company has a quick ratio of 1.02, a current ratio of 1.81 and a debt-to-equity ratio of 19.32. The business has a 50-day moving average price of GBX 4,068.89 and a two-hundred day moving average price of GBX 3,902.19. The company has a market capitalization of £2.32 billion, a price-to-earnings ratio of 1,825.53, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44.

Insider Transactions at Cranswick

In related news, insider Christopher Aldersley sold 1,330 shares of the stock in a transaction on Monday, March 25th. The stock was sold at an average price of GBX 4,090 ($50.52), for a total value of £54,397 ($67,189.97). In related news, insider Mark Bottomley sold 400 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of GBX 4,184 ($51.68), for a total value of £16,736 ($20,671.94). Also, insider Christopher Aldersley sold 1,330 shares of the stock in a transaction on Monday, March 25th. The shares were sold at an average price of GBX 4,090 ($50.52), for a total value of £54,397 ($67,189.97). 4.89% of the stock is owned by insiders.

Cranswick Company Profile

Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.