McBride (LON:MCB) Sets New 1-Year High – Here’s Why

McBride plc (LON:MCBGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 172.20 and last traded at GBX 168.60, with a volume of 265279 shares trading hands. The stock had previously closed at GBX 166.80.

McBride Stock Performance

The business has a 50 day moving average of GBX 159.47 and a 200-day moving average of GBX 156.19. The company has a market capitalization of £286.61 million, a P/E ratio of 9.98, a price-to-earnings-growth ratio of -0.36 and a beta of 1.49. The company has a debt-to-equity ratio of 145.77, a quick ratio of 0.54 and a current ratio of 0.95.

Insiders Place Their Bets

In other McBride news, insider Christopher Ian Charles Smith sold 246,450 shares of McBride stock in a transaction dated Monday, June 15th. The stock was sold at an average price of GBX 145, for a total transaction of £357,352.50. 29.46% of the stock is owned by insiders.

McBride Company Profile

(Get Free Report)

With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end?to?end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.

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