Glanbia Plc ADR (OTCMKTS:GLAPY – Get Free Report)’s share price was down 11.9% during mid-day trading on Wednesday. The stock traded as low as $108.40 and last traded at $108.40. Approximately 100 shares traded hands during trading, a decline of 81% from the average daily volume of 525 shares. The stock had previously closed at $123.07.
Glanbia Stock Performance
The company has a debt-to-equity ratio of 0.49, a current ratio of 1.53 and a quick ratio of 0.84. The stock’s 50-day moving average price is $124.18 and its 200-day moving average price is $121.75.
About Glanbia
Glanbia plc is an Ireland-based global nutrition company that develops, manufactures and markets performance, lifestyle and health-focused nutrition products. Its portfolio includes protein powders, bars, shakes, supplements and other nutritional products sold through retail, e-commerce, specialty and foodservice channels.
Through its Glanbia Performance Nutrition business, the company markets brands including Optimum Nutrition, Isopure, SlimFast and BSN. Glanbia Nutritionals supplies nutritional ingredients, premixes and solutions to food, beverage and supplement manufacturers, while its broader operations also include dairy and cheese activities serving consumer and commercial markets.
Glanbia traces its history to the Irish dairy cooperatives Avonmore and Waterford Foods, which merged in 1997 to form the company.
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