Insider Buying: Cranswick plc (LON:CWK) Insider Purchases £9,895.20 in Stock

by · The Cerbat Gem

Cranswick plc (LON:CWK – Get Free Report) insider Yetunde Hofmann acquired 190 shares of the business’s stock in a transaction that occurred on Wednesday, July 9th. The shares were purchased at an average cost of GBX 5,208 ($70.25) per share, for a total transaction of £9,895.20 ($13,348.44).

Cranswick Stock Up 1.0%

CWK stock opened at GBX 5,213 ($70.32) on Friday. The stock’s 50 day simple moving average is GBX 5,275.81 and its 200 day simple moving average is GBX 5,048.26. Cranswick plc has a fifty-two week low of GBX 4,405 ($59.42) and a fifty-two week high of GBX 5,590 ($75.41). The company has a debt-to-equity ratio of 13.98, a quick ratio of 1.02 and a current ratio of 1.66. The company has a market cap of £2.81 billion, a P/E ratio of 24.81, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44.

Cranswick (LON:CWK – Get Free Report) last issued its quarterly earnings results on Tuesday, May 20th. The company reported GBX 273.40 ($3.69) EPS for the quarter. Cranswick had a return on equity of 12.64% and a net margin of 4.35%. On average, research analysts expect that Cranswick plc will post 258.5590189 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CWK has been the topic of several recent research reports. Shore Capital reaffirmed a “house stock” rating on shares of Cranswick in a report on Tuesday, May 20th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 5,370 ($72.44) target price on shares of Cranswick in a report on Monday, March 31st.

Get Our Latest Stock Report on Cranswick

About Cranswick

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Cranswick is a leading and innovative British supplier of premium, fresh and added value food products, with revenues in excess of £2.0 billion. We produce and supply premium food to UK grocery retailers, the food service sector and other global food producers.

Our core market is the United Kingdom where we provide a range of high quality, predominantly fresh food including Fresh Pork, Poultry, Convenience and Gourmet Products and more recently have further expanded our portfolio by adding high quality pet food.

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