Glanbia (LON:GLB) Reaches New 12-Month High – Should You Buy?

Glanbia plc (LON:GLBGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 21.20 and last traded at GBX 20.86, with a volume of 241615 shares traded. The stock had previously closed at GBX 20.40.

Glanbia Stock Down 0.3%

The stock has a market cap of £50.58 million, a price-to-earnings ratio of 0.29, a P/E/G ratio of 8.32 and a beta of 0.53. The company has a current ratio of 1.36, a quick ratio of 0.86 and a debt-to-equity ratio of 62.98. The stock’s 50-day moving average price is GBX 18.36 and its 200-day moving average price is GBX 16.59.

Insider Activity

In related news, insider Hugh McGuire sold 43,956 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of GBX 2,061, for a total transaction of £905,933.16. 1.26% of the stock is owned by insiders.

About Glanbia

(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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