Cranswick plc (LON:CWK – Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 4,517.27 ($58.65) and traded as high as GBX 5,190 ($67.39). Cranswick shares last traded at GBX 5,150 ($66.87), with a volume of 50,431 shares changing hands.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the stock. Shore Capital restated a “house stock” rating on shares of Cranswick in a report on Monday, July 29th. Jefferies Financial Group restated a “buy” rating and set a GBX 50 ($0.65) price objective on shares of Cranswick in a report on Monday, July 29th.
Check Out Our Latest Research Report on Cranswick
Cranswick Trading Down 0.4 %
Insider Buying and Selling
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 ($61.76), for a total value of £1,189,250 ($1,544,079.46). In other Cranswick news, insider Mark Bottomley sold 430 shares of the company’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of GBX 4,658 ($60.48), for a total value of £20,029.40 ($26,005.45). Also, insider Adam Couch sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of GBX 4,757 ($61.76), for a total value of £1,189,250 ($1,544,079.46). In the last quarter, insiders have sold 50,128 shares of company stock worth $238,989,743. 4.54% of the stock is owned by company insiders.
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.
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