Wynnstay Group (LON:WYN) Shares Up 11.8% – Still a Buy?

Wynnstay Group Plc (LON:WYN)’s share price rose 11.8% during trading on Tuesday . The stock traded as high as GBX 317.50 ($3.95) and last traded at GBX 317.50 ($3.95). Approximately 157,475 shares traded hands during trading, an increase of 511% from the average daily volume of 25,763 shares. The stock had previously closed at GBX 284 ($3.53).

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Wynnstay Group in a research report on Tuesday.

Wynnstay Group Trading Up 1.6 %

The stock has a market capitalization of £73.60 million, a P/E ratio of 1,280.00 and a beta of 0.58. The business has a 50 day simple moving average of GBX 299.59 and a 200-day simple moving average of GBX 318.41. The company has a debt-to-equity ratio of 14.36, a quick ratio of 1.03 and a current ratio of 2.00.

Wynnstay Group (LON:WYN) last announced its earnings results on Tuesday, February 11th. The company reported GBX 23.78 ($0.30) earnings per share for the quarter. Wynnstay Group had a return on equity of 4.40% and a net margin of 0.90%. On average, analysts predict that Wynnstay Group Plc will post 24.9054054 EPS for the current year.

Insider Buying and Selling

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 transaction of £10,638.88 ($13,242.32). Insiders own 26.31% of the company’s stock.

Wynnstay Group Company Profile

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.