Glanbia (LON:GLB) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

Glanbia plc (LON:GLBGet Free Report)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 15.49 ($0.20) and traded as low as GBX 14.10 ($0.18). Glanbia shares last traded at GBX 14.10 ($0.18), with a volume of 104 shares trading hands.

Glanbia Price Performance

The business’s 50-day simple moving average is GBX 15.49 and its two-hundred day simple moving average is GBX 17. The stock has a market cap of £36.90 million, a price-to-earnings ratio of 13.82, a price-to-earnings-growth ratio of 8.32 and a beta of 0.47. The company has a debt-to-equity ratio of 48.90, a current ratio of 1.63 and a quick ratio of 0.86.

About Glanbia

(Get Free Report)

Glanbia plc, together with its subsidiaries, operates as a nutrition company worldwide. The company offers sports nutrition and lifestyle nutrition products in various formats, such as powders, ready-to-eat bars and snacking food, and ready-to-drink beverage. It also manufactures and sells cheese, dairy, and non-dairy nutritional and functional ingredients; and vitamin and mineral premixes products.

Further Reading

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