Cranswick (LON:CWK) Reaches New 1-Year High at $5,041.80

Cranswick plc (LON:CWK) reached a new 52-week high on Friday . The stock traded as high as GBX 5,041.80 ($67.51) and last traded at GBX 5,030 ($67.35), with a volume of 278136 shares trading hands. The stock had previously closed at GBX 4,715 ($63.14).

Analysts Set New Price Targets

A number of research firms have recently issued reports on CWK. Jefferies Financial Group restated a “buy” rating and issued a GBX 50 ($0.67) price target on shares of Cranswick in a research note on Monday, July 29th. Shore Capital restated a “house stock” rating on shares of Cranswick in a research note on Monday, July 29th.

Cranswick Stock Up 6.7 %

The company’s 50 day moving average price is GBX 4,570.74 and its two-hundred day moving average price is GBX 4,395.40. 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 market cap of £2.70 billion, a PE ratio of 2,377.24, a PEG ratio of 2.62 and a beta of 0.44.

Insider Activity at Cranswick

In related news, insider Adam Couch sold 25,000 shares of the stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of GBX 4,757 ($63.70), for a total value of £1,189,250 ($1,592,461.17). In other Cranswick news, insider Adam Couch sold 25,000 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of GBX 4,757 ($63.70), for a total value of £1,189,250 ($1,592,461.17). Also, insider Mark Bottomley sold 430 shares of the firm’s stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of GBX 4,658 ($62.37), for a total value of £20,029.40 ($26,820.30). Over the last three months, insiders have sold 33,628 shares of company stock worth $157,974,743. Corporate insiders own 4.57% of the company’s stock.

Cranswick Company Profile

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.