Greencore Group’s (GNC) “House Stock” Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Greencore Group (LON:GNC) in a research note published on Monday, MarketBeat reports.

Greencore Group Stock Performance

GNC opened at GBX 184.40 ($2.40) on Monday. Greencore Group has a 52-week low of GBX 109.75 ($1.43) and a 52-week high of GBX 228.17 ($2.96). The firm has a market capitalization of £802.57 million, a PE ratio of 16.68, a PEG ratio of 0.10 and a beta of 1.19. The company has a debt-to-equity ratio of 55.60, a quick ratio of 0.62 and a current ratio of 0.70. The business’s 50-day simple moving average is GBX 192.16 and its 200 day simple moving average is GBX 195.82.

Greencore Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 9th were paid a GBX 2 ($0.03) dividend. The ex-dividend date was Thursday, January 9th. This represents a yield of 1.01%. Greencore Group’s dividend payout ratio is 54.26%.

About Greencore Group

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed.

We supply all of the major supermarkets in the UK.