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

Glanbia plc (LON:GLBGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 13.18 ($0.16) and last traded at GBX 13.57 ($0.17), with a volume of 274636 shares trading hands. The stock had previously closed at GBX 14.08 ($0.18).

Glanbia Stock Up 2.8 %

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 stock has a market cap of £34.48 million, a P/E ratio of 13.10, a PEG ratio of 8.32 and a beta of 0.47. The company’s 50 day moving average price is GBX 14.90 and its two-hundred day moving average price is GBX 16.43.

Glanbia Company Profile

(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.

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