McBride (LON:MCB) Trading Up 23.1% – Here’s Why

McBride plc (LON:MCBGet Free Report)’s stock price was up 23.1% on Friday . The stock traded as high as GBX 214.10 and last traded at GBX 206. 2,355,904 shares traded hands during mid-day trading, an increase of 442% from the average session volume of 435,018 shares. The stock had previously closed at GBX 167.40.

McBride Stock Performance

The company has a debt-to-equity ratio of 145.77, a current ratio of 0.95 and a quick ratio of 0.54. The stock has a 50-day simple moving average of GBX 161.83 and a 200-day simple moving average of GBX 156.84. The stock has a market cap of £350.18 million, a P/E ratio of 12.19, a PEG ratio of -0.36 and a beta of 1.49.

Insider Buying and Selling at McBride

In related news, insider Christopher Ian Charles Smith sold 246,450 shares of McBride stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of GBX 145, for a total transaction of £357,352.50. Insiders own 29.46% of the company’s stock.

About McBride

(Get Free Report)

With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end‑to‑end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.

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