Glanbia plc Insider Hugh McGuire Sells Shares

On Friday, March 28th, insider Hugh McGuire of Glanbia plc (LON:GLB) sold 42,719 shares of the company's stock. The shares were sold at an average price of GBX 1,055, which is approximately $13.64. The total value of this transaction amounted to £450,685.45, which translates to around $582,732.67.

Glanbia's Stock Performance

On Monday, Glanbia's stock traded down by 2.1%, reaching a price of GBX 10.33, which is about $0.13. During this trading session, 8,692 shares changed hands, considerably lower than the average trading volume of 49,306 shares. Glanbia has a market capitalization of £2.63 billion, a price-to-earnings (PE) ratio of 20.50, and a price-to-earnings-growth (PEG) ratio of 8.32. Its beta stands at 0.47, indicating a lower volatility compared to the market. The company’s debt-to-equity ratio is 48.90, with a quick ratio of 0.86 and a current ratio of 1.63. The fifty-day simple moving average for the stock is GBX 12.67, while the two-hundred-day simple moving average is GBX 14. Notably, Glanbia's stock has reached a 12-month low of GBX 9.93 ($0.13) and a 12-month high of GBX 19.62 ($0.25).

Dividend Announcement

Recently, Glanbia declared an upcoming dividend, which is set to be paid on Friday, May 2nd. Shareholders on record as of Thursday, March 20th, will receive a dividend of €0.23 (approximately $0.25) per share. This reflects a yield of 2.18%. The ex-dividend date for this payment is also Thursday, March 20th. This recent dividend announcement represents an increase from the previous dividend payment of $0.16. However, the company's payout ratio is exceptionally high at 7,340.94%.

About Glanbia

Glanbia is committed to better nutrition and encompasses various consumer brands and ingredients aimed at promoting health and wellness across the globe. The company emphasizes real nutritional benefits in its products and strives for sustainability and improvement for both individuals and the planet.

Investment Considerations

Investors considering adding Glanbia to their portfolios may want to take note of recent analyst recommendations. Current sentiment suggests that while Glanbia holds a 'Hold' rating, other stocks may present more appealing investment options. It is advisable to conduct thorough research before making investment decisions.

Glanbia, Shares, Stock