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

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

McBride Stock Performance

The firm has a market capitalization of £286.61 million, a PE ratio of 9.98, a P/E/G ratio of -0.36 and a beta of 1.49. The company has a debt-to-equity ratio of 145.77, a current ratio of 0.95 and a quick ratio of 0.54. The company’s fifty day simple moving average is GBX 159.47 and its 200 day simple moving average is GBX 156.19.

Insider Activity at McBride

In related news, insider Christopher Ian Charles Smith sold 246,450 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of GBX 145, for a total transaction of £357,352.50. Insiders own 29.46% of the company’s stock.

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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