Wynnstay Group (LON:WYN) Earns House Stock Rating from Shore Capital

Wynnstay Group (LON:WYN)‘s stock had its “house stock” rating restated by Shore Capital in a note issued to investors on Tuesday, Marketbeat.com reports.

Separately, Canaccord Genuity Group cut their target price on shares of Wynnstay Group from GBX 470 ($6.05) to GBX 430 ($5.54) and set a “buy” rating on the stock in a research report on Thursday, February 13th.

Wynnstay Group Stock Performance

Shares of LON:WYN opened at GBX 302 ($3.89) on Tuesday. The company has a debt-to-equity ratio of 11.53, a quick ratio of 1.03 and a current ratio of 2.00. The firm’s 50 day simple moving average is GBX 305.40 and its 200-day simple moving average is GBX 311.92. The firm has a market cap of £69.60 million, a PE ratio of 11.22 and a beta of 0.58. Wynnstay Group has a one year low of GBX 270 ($3.48) and a one year high of GBX 400 ($5.15).

Wynnstay Group (LON:WYN) last posted its quarterly earnings results on Tuesday, February 11th. The company reported GBX 23.78 ($0.31) earnings per share (EPS) for the quarter. Wynnstay Group had a return on equity of 4.69% and a net margin of 0.97%. As a group, equities analysts predict that Wynnstay Group will post 24.9054054 EPS for the current year.

Insider Transactions at Wynnstay Group

In other Wynnstay Group news, insider Gareth Davies sold 3,304 shares of Wynnstay Group stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of GBX 322 ($4.15), for a total value of £10,638.88 ($13,697.54). Also, insider Stephen John Ellwood purchased 1,500 shares of Wynnstay Group stock in a transaction dated Wednesday, February 19th. The shares were acquired at an average cost of GBX 328 ($4.22) per share, for a total transaction of £4,920 ($6,334.49). Corporate insiders own 26.31% of the company’s stock.

About Wynnstay Group

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition.

Wynnstay supplies both direct-to-farm and via its extensive network of depots.