Greggs (LON:GRG) Posts Earnings Results

Greggs (LON:GRG) released its earnings results on Tuesday. The company reported GBX 150.70 ($1.94) EPS for the quarter, Digital Look Earnings reports. Greggs had a return on equity of 26.79% and a net margin of 7.13%.

Greggs Trading Down 2.4 %

LON GRG opened at GBX 1,773 ($22.85) on Thursday. The company has a 50-day moving average of GBX 2,242.34 and a 200-day moving average of GBX 2,670.65. The company has a debt-to-equity ratio of 66.19, a current ratio of 0.80 and a quick ratio of 0.88. Greggs has a 12 month low of GBX 1,768 ($22.79) and a 12 month high of GBX 3,250 ($41.89). The company has a market cap of £1.79 billion, a P/E ratio of 13.15, a P/E/G ratio of 3.39 and a beta of 1.43.

Insider Activity at Greggs

In other news, insider Nigel Mills bought 925 shares of the firm’s stock in a transaction dated Friday, January 10th. The stock was acquired at an average price of GBX 2,149 ($27.70) per share, for a total transaction of £19,878.25 ($25,622.91). 5.89% of the stock is owned by insiders.

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.