Glanbia (LON:GLB) Reaches New 52-Week High – Time to Buy?

Glanbia plc (LON:GLB) shares reached a new 52-week high on Monday . The stock traded as high as GBX 18 and last traded at GBX 17.70, with a volume of 37782 shares. The stock had previously closed at GBX 17.40.

Glanbia Price Performance

The stock has a market capitalization of £40.00 million, a price-to-earnings ratio of 0.35, a PEG ratio of 8.32 and a beta of 0.47. The business’s fifty day moving average price is GBX 16.46 and its 200-day moving average price is GBX 15.18. The company has a debt-to-equity ratio of 62.98, a current ratio of 1.36 and a quick ratio of 0.86.

Insiders Place Their Bets

In related news, insider Mark Garvey sold 21,151 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of GBX 1,728, for a total value of £365,489.28. Insiders own 1.26% of the company’s stock.

Glanbia Company Profile

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.