Glanbia (LON:GLB) Hits New 52-Week High – Should You Buy?

Glanbia plc (LON:GLBGet Free Report) hit a new 52-week high on Monday . The company traded as high as GBX 25.60 and last traded at GBX 24.99, with a volume of 8672 shares. The stock had previously closed at GBX 24.72.

Glanbia Stock Up 9.5%

The company has a quick ratio of 0.85, a current ratio of 1.36 and a debt-to-equity ratio of 58.40. The company has a market capitalization of £61.39 million, a PE ratio of 0.35, a P/E/G ratio of 8.32 and a beta of 0.51. The stock has a 50-day moving average of GBX 21.41 and a 200 day moving average of GBX 18.14.

Insider Transactions at Glanbia

In other news, insider Hugh McGuire sold 43,956 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of GBX 2,061, for a total transaction of £905,933.16. 1.29% 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.

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