Glanbia (OTCMKTS:GLAPY) Reaches New 12-Month High – Still a Buy?

Glanbia Plc ADR (OTCMKTS:GLAPYGet Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as $97.54 and last traded at $97.54, with a volume of 478 shares traded. The stock had previously closed at $86.57.

Glanbia Price Performance

The business’s 50-day moving average is $86.63 and its 200-day moving average is $81.58. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.89 and a current ratio of 1.67.

About Glanbia

(Get Free Report)

Glanbia plc is a global nutrition company headquartered in Kilkenny, Ireland. The company operates through two principal divisions: Performance Nutrition and Glanbia Nutritionals. Performance Nutrition develops and markets sports and lifestyle nutrition products, including powders, bars and ready-to-drink beverages for athletes and fitness enthusiasts. Glanbia Nutritionals supplies dairy-based ingredients, specialty cheeses, whey proteins, nutrient premixes and functional food solutions to food, beverage and supplement manufacturers worldwide.

Glanbia was formed in 1997 through the merger of Avonmore Food plc and Waterford Foods plc.

Further Reading

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