Glanbia (LON:GLB) Shares Down 13.1% – Should You Sell?

Shares of Glanbia plc (LON:GLBGet Free Report) dropped 13.1% during trading on Thursday . The stock traded as low as GBX 11.20 ($0.14) and last traded at GBX 12.27 ($0.16). Approximately 157,129 shares traded hands during mid-day trading, an increase of 304% from the average daily volume of 38,904 shares. The stock had previously closed at GBX 14.11 ($0.18).

Glanbia Stock Performance

The firm’s fifty day moving average price is GBX 13.89 and its 200 day moving average price is GBX 14.83. The company has a current ratio of 1.63, a quick ratio of 0.86 and a debt-to-equity ratio of 48.90. The stock has a market capitalization of £2.78 billion, a price-to-earnings ratio of 21.67, a price-to-earnings-growth ratio of 8.32 and a beta of 0.47.

About Glanbia

(Get Free Report)

We are a better nutrition company, home to consumer brands and ingredients that help people around the world feel strong, nourished, and to perform well at any age. Everything we do has real nutritional benefit. Everything we do is in pursuit of better, for each other and the planet.

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