Wynnstay Group (LON:WYN) Trading 11.8% Higher – Here’s Why

Wynnstay Group Plc (LON:WYN)’s stock price rose 11.8% during trading on Tuesday . The stock traded as high as GBX 317.50 ($3.95) and last traded at GBX 317.50 ($3.95). Approximately 157,475 shares were traded during mid-day trading, an increase of 511% from the average daily volume of 25,763 shares. The stock had previously closed at GBX 284 ($3.53).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Wynnstay Group in a research note on Tuesday.

Wynnstay Group Stock Up 1.6 %

The firm has a market cap of £73.60 million, a PE ratio of 1,280.00 and a beta of 0.58. The company has a debt-to-equity ratio of 14.36, a current ratio of 2.00 and a quick ratio of 1.03. The business has a fifty day moving average price of GBX 299.59 and a two-hundred day moving average price of GBX 318.41.

Wynnstay Group (LON:WYN) last released its earnings results on Tuesday, February 11th. The company reported GBX 23.78 ($0.30) earnings per share for the quarter. Wynnstay Group had a return on equity of 4.40% and a net margin of 0.90%. On average, analysts anticipate that Wynnstay Group Plc will post 24.9054054 EPS for the current fiscal year.

Insider Transactions at Wynnstay Group

In other news, insider Gareth Davies sold 3,304 shares of the firm’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of GBX 322 ($4.01), for a total transaction of £10,638.88 ($13,242.32). 26.31% of the stock is currently owned by company insiders.

Wynnstay Group Company Profile

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition.

Wynnstay supplies both direct-to-farm and via its extensive network of depots.