Shares of Greggs plc (LON:GRG – Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 2,340 ($28.92) and last traded at GBX 2,388 ($29.52), with a volume of 544154 shares. The stock had previously closed at GBX 2,626 ($32.46).
Greggs Trading Down 9.8 %
The company has a quick ratio of 0.88, a current ratio of 0.80 and a debt-to-equity ratio of 66.19. The firm’s fifty day moving average is GBX 2,741.39 and its two-hundred day moving average is GBX 2,899.72. The firm has a market cap of £2.40 billion, a P/E ratio of 1,768.12, a PEG ratio of 3.39 and a beta of 1.43.
Insider Activity
In other news, insider Roisin Currie bought 14 shares of the firm’s stock in a transaction dated Wednesday, October 23rd. The stock was purchased at an average price of GBX 2,886 ($35.67) per share, with a total value of £404.04 ($499.43). Insiders own 5.89% of the company’s stock.
About Greggs
Greggs is a leading UK food-on-the-go retailer with more than 2,400 shops nationwide and approximately 32,000 employees across the business.
As a food-on-the-go retailer, Greggs specialises in daily fresh shop-made sandwiches, and savouries baked fresh in the shop ovens throughout the day. These are further complemented by popular products and ranges including freshly ground coffee, breakfast, confectionery and evening menu items.
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