Greencore Group (LON:GNC) Earns “House Stock” Rating from Shore Capital

Shore Capital restated their house stock rating on shares of Greencore Group (LON:GNC) in a research report report published on Monday, Marketbeat.com reports.

Greencore Group Trading Down 1.8 %

Shares of LON:GNC opened at GBX 184.40 ($2.40) on Monday. The company has a market capitalization of £802.57 million, a P/E ratio of 16.68, a P/E/G ratio of 0.10 and a beta of 1.19. Greencore Group has a 1 year low of GBX 109.75 ($1.43) and a 1 year high of GBX 228.17 ($2.96). The company has a debt-to-equity ratio of 55.60, a current ratio of 0.70 and a quick ratio of 0.62. The business’s 50 day simple moving average is GBX 192.16 and its 200 day simple moving average is GBX 195.82.

Greencore Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 9th were issued a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.01%. The ex-dividend date of this dividend was Thursday, January 9th. Greencore Group’s dividend payout ratio is presently 54.26%.

About Greencore Group

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed.

We supply all of the major supermarkets in the UK.