Wynnstay Group (LON:WYN) Issues Earnings Results

Wynnstay Group (LON:WYN) released its quarterly earnings data on Tuesday. The company reported GBX 23.78 ($0.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Wynnstay Group had a net margin of 0.97% and a return on equity of 4.69%.

Wynnstay Group Stock Up 3.2 %

LON WYN traded up GBX 10 ($0.12) during trading on Thursday, reaching GBX 325 ($4.05). 118,212 shares of the company’s stock traded hands, compared to its average volume of 30,539. Wynnstay Group has a 12-month low of GBX 270 ($3.36) and a 12-month high of GBX 418.50 ($5.21). The company has a debt-to-equity ratio of 11.53, a current ratio of 2.00 and a quick ratio of 1.03. The firm has a market cap of £74.90 million, a price-to-earnings ratio of 12.07 and a beta of 0.58. The company’s 50 day simple moving average is GBX 299.59 and its two-hundred day simple moving average is GBX 318.41.

Analysts Set New Price Targets

Several analysts have recently weighed in on WYN shares. Shore Capital reaffirmed a “house stock” rating on shares of Wynnstay Group in a research note on Tuesday. Canaccord Genuity Group decreased their target price on Wynnstay Group from GBX 470 ($5.85) to GBX 430 ($5.35) and set a “buy” rating for the company in a research report on Thursday.

Insider Transactions at Wynnstay Group

In other news, insider Gareth Davies sold 3,304 shares of the business’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of GBX 322 ($4.01), for a total value of £10,638.88 ($13,242.32). Corporate insiders own 26.31% of the company’s stock.

About Wynnstay Group

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition.

Wynnstay supplies both direct-to-farm and via its extensive network of depots.