Wynnstay Group (LON:WYN) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Wynnstay Group Plc (LON:WYN) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 333.90 ($4.18) and traded as low as GBX 309 ($3.87). Wynnstay Group shares last traded at GBX 319.50 ($4.00), with a volume of 11,068 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group dropped their target price on shares of Wynnstay Group from GBX 520 ($6.51) to GBX 470 ($5.88) and set a “buy” rating on the stock in a research report on Friday, October 4th.

Wynnstay Group Stock Up 3.1 %

The firm has a market cap of £73.49 million, a price-to-earnings ratio of 1,278.00 and a beta of 0.58. The business has a fifty day simple moving average of GBX 311.04 and a 200 day simple moving average of GBX 333.90. The company has a debt-to-equity ratio of 14.36, a current ratio of 2.00 and a quick ratio of 1.03.

Insider Activity at Wynnstay Group

In other Wynnstay Group news, insider Claire Wilams acquired 3,325 shares of the business’s stock in a transaction on Wednesday, October 30th. The stock was bought at an average price of GBX 330 ($4.13) per share, for a total transaction of £10,972.50 ($13,729.35). 26.31% of the stock is owned by corporate insiders.

Wynnstay Group Company Profile

Wynnstay Group Plc manufactures and supplies agricultural products in the United Kingdom. It operates through Agriculture and Specialist Agricultural Merchanting segments. The Agriculture segment offers feeds for farm livestock, feed raw materials for farmers and other manufacturers; seeds, fertiliser and agrochemicals; and grain marketing services.