Wynnstay Group (LON:WYN) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Wynnstay Group Plc (LON:WYN) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 349.45 ($4.43) and traded as low as GBX 300 ($3.81). Wynnstay Group shares last traded at GBX 309 ($3.92), with a volume of 60,980 shares traded.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lowered their price target on Wynnstay Group from GBX 520 ($6.60) to GBX 470 ($5.96) and set a “buy” rating for the company in a research report on Friday, October 4th.

Wynnstay Group Price Performance

The firm has a market cap of £69.92 million, a PE ratio of 1,236.00 and a beta of 0.58. The company has a quick ratio of 1.03, a current ratio of 2.00 and a debt-to-equity ratio of 14.36. The stock has a 50 day moving average price of GBX 321.29 and a two-hundred day moving average price of GBX 349.45.

Insider Activity at Wynnstay Group

In other news, insider Claire Wilams sold 6,575 shares of the company’s stock in a transaction that occurred on Wednesday, October 23rd. The stock was sold at an average price of GBX 305 ($3.87), for a total transaction of £20,053.75 ($25,448.92). 26.31% of the stock is owned by insiders.

About Wynnstay Group

Wynnstay Group Plc manufactures and supplies agricultural products in the United Kingdom. It operates through Agriculture and Specialist Agricultural Merchanting segments. The Agriculture segment offers feeds for farm livestock, feed raw materials for farmers and other manufacturers; seeds, fertiliser and agrochemicals; and grain marketing services.