Cranswick (LON:CWK) Stock Passes Above Two Hundred Day Moving Average of $4,371.91

Cranswick plc (LON:CWK) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 4,371.91 ($57.75) and traded as high as GBX 4,730 ($62.48). Cranswick shares last traded at GBX 4,730 ($62.48), with a volume of 31,736 shares trading hands.

Analyst Ratings Changes

CWK has been the topic of several research analyst reports. Jefferies Financial Group restated a “buy” rating and set a GBX 50 ($0.66) price objective on shares of Cranswick in a research note on Monday, July 29th. Shore Capital reaffirmed a “house stock” rating on shares of Cranswick in a research note on Monday, July 29th.

Cranswick Trading Down 1.7 %

The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 13.88. The firm has a market capitalization of £2.50 billion, a price-to-earnings ratio of 2,214.29, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44. The firm’s 50 day moving average is GBX 4,562.84 and its 200 day moving average is GBX 4,377.12.

Insider Activity

In related news, insider Mark Bottomley sold 8,197 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of GBX 4,519 ($59.70), for a total value of £370,422.43 ($489,329.50). In related news, insider Mark Bottomley sold 8,197 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of GBX 4,519 ($59.70), for a total value of £370,422.43 ($489,329.50). Also, insider Adam Couch sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of GBX 4,757 ($62.84), for a total transaction of £1,189,250 ($1,571,003.96). In the last 90 days, insiders sold 33,198 shares of company stock worth $155,971,803. Insiders own 4.57% of the company’s stock.

About Cranswick

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.