Glanbia (LON:GLB) Trading Down 13.1% – Here’s What Happened

Shares of Glanbia plc (LON:GLBGet Free Report) dropped 13.1% during trading on Thursday . The company traded as low as GBX 11.20 ($0.14) and last traded at GBX 12.27 ($0.15). Approximately 157,129 shares were traded during trading, an increase of 304% from the average daily volume of 38,904 shares. The stock had previously closed at GBX 14.11 ($0.18).

Glanbia Stock Down 1.9 %

The company has a market capitalization of £2.80 billion, a PE ratio of 21.80, a PEG ratio of 8.32 and a beta of 0.47. The company has a debt-to-equity ratio of 48.90, a quick ratio of 0.86 and a current ratio of 1.63. The stock’s 50 day moving average is GBX 13.79 and its 200 day moving average is GBX 14.75.

About Glanbia

(Get Free Report)

We are a better nutrition company, home to consumer brands and ingredients that help people around the world feel strong, nourished, and to perform well at any age. Everything we do has real nutritional benefit. Everything we do is in pursuit of better, for each other and the planet.

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