Shore Capital Reaffirms House Stock Rating for Greencore Group (LON:GNC)

Shore Capital restated their house stock rating on shares of Greencore Group (LON:GNC) in a report released on Monday morning, Marketbeat Ratings reports.

Greencore Group Trading Down 1.3 %

GNC stock opened at GBX 184.60 ($2.40) on Monday. Greencore Group has a 52 week low of GBX 111.35 ($1.45) and a 52 week high of GBX 228.17 ($2.97). The company has a market cap of £803.44 million, a price-to-earnings ratio of 16.69, a PEG ratio of 0.10 and a beta of 1.19. The company has a quick ratio of 0.62, a current ratio of 0.70 and a debt-to-equity ratio of 55.60. The business has a fifty day simple moving average of GBX 192.01 and a 200-day simple moving average of GBX 195.83.

Greencore Group Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Thursday, January 9th were issued a GBX 2 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, January 9th. This represents a yield of 1.01%. Greencore Group’s dividend payout ratio is currently 54.26%.

Greencore Group Company Profile

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed.

We supply all of the major supermarkets in the UK.