Greencore Group’s (GNC) “House Stock” Rating Reiterated at Shore Capital

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

Greencore Group Trading Up 2.3 %

Greencore Group stock opened at GBX 194.44 ($2.41) on Thursday. The stock has a 50-day moving average price of GBX 195.21 and a 200 day moving average price of GBX 191.27. The company has a market capitalization of £872.45 million, a price-to-earnings ratio of 1,944.44, a price-to-earnings-growth ratio of 0.10 and a beta of 1.19. Greencore Group has a 52 week low of GBX 96 ($1.19) and a 52 week high of GBX 228.17 ($2.83). The company has a quick ratio of 0.62, a current ratio of 0.79 and a debt-to-equity ratio of 78.73.

Greencore Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 9th will be paid a GBX 2 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, January 9th. This represents a dividend yield of 1.01%. Greencore Group’s payout ratio is currently 6,000.00%.

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, Excellence and Sustainability – The Greencore Way describes both who we are and how we will succeed.

We supply all of the major supermarkets in the UK.