Glanbia (LON:GLB) Sets New 12-Month Low – Here’s What Happened

Glanbia plc (LON:GLBGet Free Report) reached a new 52-week low on Wednesday . The company traded as low as GBX 13.66 ($0.17) and last traded at GBX 14.38 ($0.18), with a volume of 10708 shares trading hands. The stock had previously closed at GBX 14.96 ($0.19).

Glanbia Price Performance

The stock has a 50 day simple moving average of GBX 15.18 and a two-hundred day simple moving average of GBX 16.73. The firm has a market cap of £37.12 million, a PE ratio of 14.67, a price-to-earnings-growth ratio of 8.32 and a beta of 0.47. The company has a debt-to-equity ratio of 48.90, a quick ratio of 0.86 and a current ratio of 1.63.

About Glanbia

(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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