Glanbia (LON:GLB) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Glanbia plc (LON:GLBGet Free Report)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 19.64 and traded as high as GBX 22. Glanbia shares last traded at GBX 21.24, with a volume of 62,279 shares trading hands.

Glanbia Stock Performance

The company has a debt-to-equity ratio of 58.40, a current ratio of 1.36 and a quick ratio of 0.85. The stock has a market cap of £53.12 million, a P/E ratio of 0.30, a PEG ratio of 8.32 and a beta of 0.52. The stock has a 50-day simple moving average of GBX 19.73 and a 200-day simple moving average of GBX 17.31.

Insider Activity

In related news, insider Hugh McGuire sold 43,956 shares of Glanbia stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of GBX 2,061, for a total transaction of £905,933.16. Company insiders own 1.29% of the company’s stock.

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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