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

Shore Capital restated their house stock rating on shares of Greencore Group (LON:GNC) in a research note issued to investors on Thursday, MarketBeat Ratings reports.

Greencore Group Stock Performance

LON:GNC opened at GBX 194.20 ($2.41) on Thursday. The company has a market cap of £871.36 million, a price-to-earnings ratio of 1,942.00, a price-to-earnings-growth ratio of 0.10 and a beta of 1.19. 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 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 fifty day simple moving average of GBX 195.04 and a two-hundred day simple moving average of GBX 191.37.

Greencore Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Thursday, January 9th will be given a GBX 2 ($0.02) dividend. This represents a yield of 1.01%. The ex-dividend date is Thursday, January 9th. Greencore Group’s dividend 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.