Cranswick (LON:CWK) Sets New 1-Year High – Should You Buy?

Shares of Cranswick plc (LON:CWK) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 5,260 ($68.29) and last traded at GBX 5,145.40 ($66.81), with a volume of 2070 shares trading hands. The stock had previously closed at GBX 5,152.64 ($66.90).

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Shore Capital reissued a “house stock” rating on shares of Cranswick in a research note on Monday, July 29th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 50 ($0.65) target price on shares of Cranswick in a report on Monday, July 29th.

Cranswick Trading Down 0.1 %

The stock has a market cap of £2.76 billion, a P/E ratio of 2,465.38, a P/E/G ratio of 2.62 and a beta of 0.44. The company has a debt-to-equity ratio of 13.88, a quick ratio of 1.02 and a current ratio of 1.66. The stock’s fifty day moving average is GBX 4,772.98 and its 200 day moving average is GBX 4,539.65.

Insider Transactions at Cranswick

In related news, insider Mark Bottomley sold 8,197 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of GBX 4,519 ($58.67), for a total transaction of £370,422.43 ($480,943.17). In related news, insider Mark Bottomley sold 8,197 shares of Cranswick stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of GBX 4,519 ($58.67), for a total transaction of £370,422.43 ($480,943.17). Also, insider Christopher Aldersley sold 16,500 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were sold at an average price of GBX 4,910 ($63.75), for a total transaction of £810,150 ($1,051,869.64). In the last 90 days, insiders sold 50,128 shares of company stock worth $238,989,743. 4.54% of the stock is currently owned by company 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.