Greencore Group (LON:GNC) Shares Up 13.6%

Greencore Group plc (LON:GNC)’s share price shot up 13.6% during trading on Tuesday . The stock traded as high as GBX 158.60 ($2.02) and last traded at GBX 158.42 ($2.01). 3,556,239 shares traded hands during mid-day trading, an increase of 93% from the average session volume of 1,839,352 shares. The stock had previously closed at GBX 139.40 ($1.77).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of Greencore Group in a research note on Tuesday.

Greencore Group Stock Down 1.2 %

The business’s fifty day moving average price is GBX 129.23 and its 200 day moving average price is GBX 109.77. The firm has a market capitalization of £781.61 million, a price-to-earnings ratio of 2,414.29, a PEG ratio of 0.10 and a beta of 1.17. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 68.62.

About Greencore Group

Greencore Group plc, together with its subsidiaries, manufactures and sells convenience food products in the United Kingdom and Ireland. The company offers sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings.