Glanbia (LON:GLB) Sets New 52-Week Low – Here’s Why

Glanbia plc (LON:GLB) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 13 ($0.16) and last traded at GBX 14 ($0.17), with a volume of 6612 shares traded. The stock had previously closed at GBX 14.04 ($0.17).

Glanbia Price Performance

The company has a fifty day moving average price of GBX 14 and a two-hundred day moving average price of GBX 15.68. The company has a current ratio of 1.63, a quick ratio of 0.86 and a debt-to-equity ratio of 48.90. The firm has a market cap of £36.44 million, a P/E ratio of 13.84, a PEG ratio of 8.32 and a beta of 0.47.

Glanbia Company Profile

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.