Finsbury Food Group (LON:FIF) Stock Price Passes Below 50 Day Moving Average of $97.74

Finsbury Food Group Plc (LON:FIF) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 97.74 ($1.33) and traded as low as GBX 97 ($1.32). Finsbury Food Group shares last traded at GBX 97.50 ($1.32), with a volume of 591,526 shares changing hands.

The company has a debt-to-equity ratio of 29.30, a current ratio of 1.14 and a quick ratio of 0.89. The stock has a market cap of £127.12 million and a price-to-earnings ratio of 10.48. The firm’s fifty day moving average price is GBX 97.74 and its two-hundred day moving average price is GBX 94.25.

Finsbury Food Group Company Profile (LON:FIF)

Finsbury Food Group Plc, together with its subsidiaries, manufactures and sells a range of cakes, bread, and bakery snack products in the United Kingdom and internationally. It offers various bread and morning goods, such as rolls, hot cross buns, muffins, artisan breads, and healthy lifestyle and organic breads, as well as baguettes, doughnuts, and morning pastries; and cakes, including sponge cakes, loaf cakes, seasonal cakes, and individually portioned sweet snacks, such as chocolate cake bites, cake slices, cake bars, and mini rolls.

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