Cranswick plc (LON:CWK) Insider Acquires £147.45 in Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley bought 3 shares of Cranswick stock in a transaction that occurred on Monday, December 23rd. The stock was purchased at an average price of GBX 4,915 ($61.83) per share, with a total value of £147.45 ($185.50).

Cranswick Trading Down 0.1 %

CWK opened at GBX 4,860 ($61.14) on Monday. The firm has a market capitalization of £2.61 billion, a price-to-earnings ratio of 2,325.36, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44. The company has a debt-to-equity ratio of 13.88, a current ratio of 1.66 and a quick ratio of 1.02. The company’s 50 day simple moving average is GBX 5,020.10 and its two-hundred day simple moving average is GBX 4,757.64. Cranswick plc has a 1-year low of GBX 3,728 ($46.90) and a 1-year high of GBX 5,260 ($66.17).

Cranswick Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, December 12th will be issued a GBX 25 ($0.31) dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a yield of 0.49%. Cranswick’s dividend payout ratio (DPR) is presently 4,306.22%.

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 57 ($0.72) target price on shares of Cranswick in a research report on Tuesday, December 17th.

Cranswick Company Profile

Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.