Grainger (LON:GRI) Reaches New 1-Year Low – Here’s Why

Grainger plc (LON:GRI)’s stock price hit a new 52-week low on Wednesday . The company traded as low as GBX 224.50 ($2.92) and last traded at GBX 224.50 ($2.92), with a volume of 2396316 shares traded. The stock had previously closed at GBX 230.50 ($3.00).

Grainger Price Performance

The firm’s 50 day moving average price is GBX 238.59 and its two-hundred day moving average price is GBX 243.94. The company has a debt-to-equity ratio of 84.35, a current ratio of 3.81 and a quick ratio of 0.87. The stock has a market cap of £1.66 billion, a PE ratio of 8,183.33, a P/E/G ratio of 1.51 and a beta of 0.71.

Grainger Company Profile

Grainger plc, together with its subsidiaries, owns, operates, and manages private rental homes in the United Kingdom. The company was formerly known as Grainger Trust Plc and changed the name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.