Wynnstay Group (LON:WYN) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Wynnstay Group Plc (LON:WYNGet Free Report)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 331.09 ($4.07) and traded as low as GBX 301.27 ($3.71). Wynnstay Group shares last traded at GBX 301.27 ($3.71), with a volume of 11,376 shares trading hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group cut their price target on shares of Wynnstay Group from GBX 520 ($6.40) to GBX 470 ($5.78) and set a “buy” rating for the company in a report on Friday, October 4th.

Get Our Latest Research Report on Wynnstay Group

Wynnstay Group Price Performance

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 stock has a market capitalization of £69.29 million, a PE ratio of 1,205.06 and a beta of 0.58. The stock’s 50 day moving average is GBX 310.65 and its two-hundred day moving average is GBX 331.09.

Insider Activity

In other Wynnstay Group news, insider Claire Wilams acquired 3,325 shares of the company’s stock in a transaction that occurred on Wednesday, October 30th. The stock was bought at an average price of GBX 330 ($4.06) per share, with a total value of £10,972.50 ($13,501.29). Company insiders own 26.31% of the company’s stock.

Wynnstay Group Company Profile

(Get Free Report)

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.

Further Reading

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