Shares of McBride plc (LON:MCB – Get Free Report) passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of GBX 179.72 and traded as high as GBX 181.60. McBride shares last traded at GBX 180.80, with a volume of 217,876 shares traded.
Analyst Ratings Changes
Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 275 target price on shares of McBride in a report on Wednesday, October 28th. Two research analysts have rated the stock with a Buy rating. According to MarketBeat, McBride presently has an average rating of “Buy” and an average price target of GBX 232.50.
Read Our Latest Analysis on McBride
McBride Price Performance
The company has a market cap of £297.90 million, a price-to-earnings ratio of 10.65, a price-to-earnings-growth ratio of -0.36 and a beta of 1.51. The company has a fifty day simple moving average of GBX 179.24 and a two-hundred day simple moving average of GBX 163.20. The company has a quick ratio of 0.54, a current ratio of 1.10 and a debt-to-equity ratio of 169.22.
McBride (LON:MCB – Get Free Report) last released its quarterly earnings results on Tuesday, September 15th. The company reported GBX 21.60 earnings per share (EPS) for the quarter. McBride had a return on equity of 28.68% and a net margin of 3.21%. On average, equities research analysts anticipate that McBride plc will post 19.23 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other McBride news, insider Mark Strickland sold 527,268 shares of McBride stock in a transaction dated Monday, September 21st. The shares were sold at an average price of GBX 179, for a total transaction of £943,809.72. Company insiders own 30.96% of the company’s stock.
About McBride
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.
Recommended Stories
- Five stocks we like better than McBride
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
Receive News & Ratings for McBride Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McBride and related companies with MarketBeat.com's FREE daily email newsletter.
