Glanbia (OTCMKTS:GLAPY) Reaches New 1-Year High – Still a Buy?

Glanbia plc (OTCMKTS:GLAPYGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $63.35 and last traded at $63.35, with a volume of 162 shares changing hands. The stock had previously closed at $52.40.

Glanbia Stock Performance

The stock’s 50 day simple moving average is $73.98 and its 200 day simple moving average is $80.57. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.63 and a quick ratio of 0.91.

Glanbia Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, May 12th. Investors of record on Friday, March 21st will be issued a $1.2109 dividend. This is a positive change from Glanbia’s previous dividend of $0.86. The ex-dividend date of this dividend is Friday, March 21st.

Glanbia Company Profile

(Get Free Report)

Glanbia plc, together with its subsidiaries, operates as a nutrition company worldwide. The company offers sports nutrition and lifestyle nutrition products in various formats, such as powders, ready-to-eat bars and snacking food, and ready-to-drink beverage. It also manufactures and sells cheese, dairy, and non-dairy nutritional and functional ingredients; and vitamin and mineral premixes products.

Further Reading

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