Greencore Group (OTCMKTS:GNCGY) Sees Strong Trading Volume – Here’s What Happened

by · The Markets Daily

Greencore Group (OTCMKTS:GNCGY – Get Free Report) shares saw unusually-strong trading volume on Tuesday. Approximately 7,278 shares changed hands during mid-day trading, an increase of 233% from the previous session’s volume of 2,184 shares. The stock last traded at $15.08 and had previously closed at $15.50.

Greencore Group Stock Down 2.7%

The company has a quick ratio of 0.64, a current ratio of 0.74 and a debt-to-equity ratio of 0.54. The firm’s 50 day moving average is $13.93 and its 200-day moving average is $12.53.

About Greencore Group

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Greencore Group plc is a food manufacturer and supplier focused primarily on the convenience food market in the United Kingdom. The company develops, manufactures and distributes chilled, frozen and ambient food products for grocery retailers, foodservice operators and other customers.

Its product portfolio includes ready meals, chilled soups and sauces, quiche, sandwiches, salads, sushi and other food-to-go products. Greencore operates manufacturing facilities and food development capabilities in the UK, supplying products through retail and foodservice channels.

The company has roots in Ireland’s former state-owned sugar business and evolved into a diversified convenience food producer.

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