McBride (LON:MCB) Shares Down 10.2% – Here’s What Happened

McBride plc (LON:MCB) shares fell 10.2% on Tuesday . The stock traded as low as GBX 121.50 ($1.50) and last traded at GBX 123 ($1.52). 1,100,271 shares traded hands during trading, an increase of 195% from the average session volume of 372,503 shares. The stock had previously closed at GBX 137 ($1.69).

McBride Stock Performance

The stock has a market cap of £220.38 million, a PE ratio of 668.42, a price-to-earnings-growth ratio of -0.36 and a beta of 1.17. The stock has a fifty day moving average of GBX 107.52 and a 200-day moving average of GBX 117.21. The company has a quick ratio of 0.54, a current ratio of 0.92 and a debt-to-equity ratio of 222.08.

Insider Activity

In other McBride news, insider Mark Strickland acquired 9,500 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were purchased at an average price of GBX 97 ($1.20) per share, with a total value of £9,215 ($11,382.16). Also, insider Christopher Ian Charles Smith sold 145,000 shares of the business’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of GBX 112 ($1.38), for a total transaction of £162,400 ($200,592.89). Corporate insiders own 5.78% of the company’s stock.

McBride Company Profile

McBride plc, together with its subsidiaries, manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Australia, rest of Europe, rest of Asia-Pacific, and internationally. The company operates through five segments: Liquids, Powders, Unit dosing, Aerosols, and Asia Pacific.