Cranswick (LON:CWK) Insider Adam Couch Sells 347 Shares

Cranswick plc (LON:CWK) insider Adam Couch sold 347 shares of the firm’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of GBX 507, for a total transaction of £1,759.29.

Cranswick Price Performance

Shares of LON CWK traded down GBX 90 during midday trading on Monday, hitting GBX 5,090. The stock had a trading volume of 1,449,213 shares, compared to its average volume of 397,901. The company has a quick ratio of 1.02, a current ratio of 1.78 and a debt-to-equity ratio of 40.43. The stock has a 50 day simple moving average of GBX 5,253.58 and a 200-day simple moving average of GBX 5,089.36. The company has a market capitalization of £2.72 billion, a PE ratio of 18.81, a P/E/G ratio of 2.62 and a beta of 0.59. Cranswick plc has a 1 year low of GBX 4,590 and a 1 year high of GBX 5,590.

Analysts Set New Price Targets

CWK has been the subject of a number of research reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 5,500 target price on shares of Cranswick in a report on Tuesday, November 25th. Shore Capital Group restated a “house stock” rating on shares of Cranswick in a research report on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Cranswick from GBX 6,000 to GBX 6,100 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Berenberg Bank reiterated a “hold” rating and set a GBX 5,770 price target on shares of Cranswick in a report on Tuesday, January 27th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Cranswick in a report on Monday, February 2nd. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Cranswick currently has a consensus rating of “Moderate Buy” and an average price target of GBX 5,790.

About Cranswick

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of more than £2.7 billion. The business employs over 15,400 people and operates from 23 well-invested, highly efficient facilities in the UK. Cranswick was formed in the early 1970s by farmers in East Yorkshire to produce animal feed and has since evolved into a business which produces a range of high-quality, predominantly fresh food, including fresh pork, poultry, convenience, gourmet products and pet food.