Greene King (LON:GNK) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Greene King plc (LON:GNKGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 849.20 ($10.61) and traded as high as GBX 849.40 ($10.62). Greene King shares last traded at GBX 849.20 ($10.61), with a volume of 6,678,342 shares.

Greene King Price Performance

The business’s fifty day moving average price is GBX 849.20 and its 200 day moving average price is GBX 849.20. The company has a debt-to-equity ratio of 111.89, a current ratio of 0.67 and a quick ratio of 0.51. The stock has a market cap of £2.63 billion and a P/E ratio of 21.94.

About Greene King

(Get Free Report)

Greene King plc operates as a pub retailer and brewer in the United Kingdom. The company operates through three segments: Pub Company, Pub Partners, and Brewing & Brands. Its brands include Greene King Local Pubs, Hungry Horse, Flaming Grill, Farmhouse Inns, and Chef & Brewer. The company is also involved in brewing, marketing, and selling beer under the Greene King IPA, Old Speckled Hen, Abbot Ale, and Belhaven Best brands.

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