David Christensen Buys 3,000 Shares of Wynnstay Group (LON:WYN) Stock

Wynnstay Group Plc (LON:WYN) insider David Christensen purchased 3,000 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The shares were bought at an average cost of GBX 360 per share, with a total value of £10,800.

Wynnstay Group Price Performance

Shares of LON WYN opened at GBX 370 on Wednesday. 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 stock has a fifty day moving average price of GBX 367.37 and a 200 day moving average price of GBX 345.22. Wynnstay Group Plc has a 1-year low of GBX 272.11 and a 1-year high of GBX 385. The company has a market cap of £85.36 million, a PE ratio of 2,292.44 and a beta of 0.58.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on WYN shares. Canaccord Genuity Group increased their price objective on Wynnstay Group from GBX 430 to GBX 450 and gave the stock a “buy” rating in a research report on Tuesday, July 1st. Shore Capital restated a “house stock” rating on shares of Wynnstay Group in a research report on Tuesday, July 1st. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Wynnstay Group presently has a consensus rating of “Buy” and an average target price of GBX 450.

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.