Cranswick (LON:CWK) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Cranswick plc (LON:CWK)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4,719.04 ($59.56) and traded as high as GBX 4,991.90 ($63.01). Cranswick shares last traded at GBX 4,955 ($62.54), with a volume of 51,743 shares traded.

Cranswick Stock Down 0.1 %

The firm’s 50 day moving average is GBX 5,054.80 and its two-hundred day moving average is GBX 4,719.04. 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 stock has a market cap of £2.66 billion, a price-to-earnings ratio of 2,370.81, a P/E/G ratio of 2.62 and a beta of 0.44.

Cranswick Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 24th. Shareholders of record on Thursday, December 12th will be issued a GBX 25 ($0.32) dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a yield of 0.49%. Cranswick’s dividend payout ratio (DPR) is presently 4,306.22%.

Insider Transactions at Cranswick

In other Cranswick news, insider Mark Bottomley sold 430 shares of the stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of GBX 4,658 ($58.79), for a total transaction of £20,029.40 ($25,280.07). Also, insider Christopher Aldersley sold 16,500 shares of the business’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of GBX 4,910 ($61.97), for a total transaction of £810,150 ($1,022,529.34). Insiders own 4.54% 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.