Cranswick (LON:CWK) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Posted by ABMN Staff on Dec 25th, 2024

Cranswick plc (LON:CWK – Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 4,742.85 ($59.46) and traded as high as GBX 4,930 ($61.80). Cranswick shares last traded at GBX 4,865 ($60.99), with a volume of 13,984 shares.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 57 ($0.71) price target on shares of Cranswick in a research report on Tuesday, December 17th.

Get Our Latest Research Report on CWK

Cranswick Stock Up 0.1 %

The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 13.88. The firm has a 50 day moving average price of GBX 5,038.74 and a 200-day moving average price of GBX 4,742.85. The firm has a market cap of £2.61 billion, a price-to-earnings ratio of 2,327.75, a P/E/G ratio of 2.62 and a beta of 0.44.

Cranswick Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 24th. Shareholders of record on Thursday, December 12th will be given a dividend of GBX 25 ($0.31) per share. This represents a yield of 0.49%. The ex-dividend date is Thursday, December 12th. Cranswick’s payout ratio is currently 4,306.22%.

Insider Activity

In other Cranswick news, insider Christopher Aldersley sold 16,500 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were sold at an average price of GBX 4,910 ($61.55), for a total value of £810,150 ($1,015,607.37). Company insiders own 4.54% of the company’s stock.

Cranswick Company Profile

(Get Free Report)

Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.