Cranswick (LON:CWK) Share Price Passes Above 200 Day Moving Average – Here’s Why

Cranswick plc (LON:CWK)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 4,881.99 ($62.04) and traded as high as GBX 4,925 ($62.59). Cranswick shares last traded at GBX 4,890 ($62.14), with a volume of 126,832 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “house stock” rating on shares of Cranswick in a report on Tuesday, January 21st.

Cranswick Stock Down 0.1 %

The company has a fifty day moving average of GBX 4,900.73 and a two-hundred day moving average of GBX 4,881.99. The company has a market cap of £2.64 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44. The company has a debt-to-equity ratio of 13.98, a quick ratio of 1.02 and a current ratio of 1.66.

Cranswick Company Profile

Cranswick is a leading and innovative British supplier of premium, fresh and added value food products, with revenues in excess of £2.0 billion. We produce and supply premium food to UK grocery retailers, the food service sector and other global food producers.

Our core market is the United Kingdom where we provide a range of high quality, predominantly fresh food including Fresh Pork, Poultry, Convenience and Gourmet Products and more recently have further expanded our portfolio by adding high quality pet food.