Insider Selling: Glanbia plc (LON:GLB) Insider Sells 42,719 Shares of Stock

Glanbia plc (LON:GLB) insider Hugh McGuire sold 42,719 shares of Glanbia stock in a transaction on Friday, March 28th. The shares were sold at an average price of GBX 1,055 ($13.70), for a total value of £450,685.45 ($585,229.78).

Glanbia Stock Down 0.5 %

Shares of LON GLB opened at GBX 10.15 ($0.13) on Thursday. The company has a quick ratio of 0.86, a current ratio of 1.63 and a debt-to-equity ratio of 48.90. The company has a market cap of £2.58 billion, a P/E ratio of 20.14, a P/E/G ratio of 8.32 and a beta of 0.47. Glanbia plc has a 52 week low of GBX 9.93 ($0.13) and a 52 week high of GBX 19.62 ($0.25). The business has a 50-day simple moving average of GBX 12.44 and a two-hundred day simple moving average of GBX 13.89.

Glanbia Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, March 20th will be given a dividend of €0.23 ($0.25) per share. The ex-dividend date of this dividend is Thursday, March 20th. This is a positive change from Glanbia’s previous dividend of $0.16. This represents a yield of 2.18%. Glanbia’s payout ratio is presently 7,340.94%.

Glanbia Company Profile

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.