Grainger (LON:GRI) Sets New 52-Week Low – Should You Sell?

Grainger plc (LON:GRIGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 224.85 ($2.92) and last traded at GBX 227 ($2.94), with a volume of 1113499 shares traded. The stock had previously closed at GBX 231.50 ($3.00).

Grainger Trading Up 1.1 %

The business has a 50 day simple moving average of GBX 239.61 and a 200-day simple moving average of GBX 244.48. The company has a current ratio of 3.81, a quick ratio of 0.87 and a debt-to-equity ratio of 84.35. The stock has a market capitalization of £1.69 billion, a price-to-earnings ratio of 8,183.33, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71.

Grainger Company Profile

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Grainger plc, together with its subsidiaries, owns, operates, and manages private rental homes in the United Kingdom. The company was formerly known as Grainger Trust Plc and changed the name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.

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