Wynnstay Group (LON:WYN) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Wynnstay Group Plc (LON:WYN) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 349.45 ($4.43) and traded as low as GBX 300 ($3.81). Wynnstay Group shares last traded at GBX 309 ($3.92), with a volume of 60,980 shares.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group decreased their target price on Wynnstay Group from GBX 520 ($6.60) to GBX 470 ($5.96) and set a “buy” rating on the stock in a research note on Friday, October 4th.

Wynnstay Group Stock Down 1.1 %

The company has a debt-to-equity ratio of 14.36, a quick ratio of 1.03 and a current ratio of 2.00. The firm has a market cap of £69.92 million, a price-to-earnings ratio of 1,236.00 and a beta of 0.58. The firm has a 50-day moving average price of GBX 321.29 and a two-hundred day moving average price of GBX 349.45.

Insider Buying and Selling at Wynnstay Group

In related news, insider Claire Wilams sold 6,575 shares of Wynnstay Group stock in a transaction on Wednesday, October 23rd. The stock was sold at an average price of GBX 305 ($3.87), for a total transaction of £20,053.75 ($25,448.92). Company insiders own 26.31% of the company’s stock.

About Wynnstay Group

Wynnstay Group Plc manufactures and supplies agricultural products in the United Kingdom. It operates through Agriculture and Specialist Agricultural Merchanting segments. The Agriculture segment offers feeds for farm livestock, feed raw materials for farmers and other manufacturers; seeds, fertiliser and agrochemicals; and grain marketing services.