Wynnstay Group (LON:WYN) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Wynnstay Group Plc (LON:WYN)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 316.67 ($3.99) and traded as low as GBX 315.40 ($3.98). Wynnstay Group shares last traded at GBX 335 ($4.22), with a volume of 31,168 shares traded.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Canaccord Genuity Group dropped their price target on shares of Wynnstay Group from GBX 470 ($5.92) to GBX 430 ($5.42) and set a “buy” rating on the stock in a research report on Thursday, February 13th. Shore Capital reaffirmed a “house stock” rating on shares of Wynnstay Group in a report on Tuesday, February 11th.

Wynnstay Group Trading Down 3.1 %

The company has a quick ratio of 1.03, a current ratio of 2.00 and a debt-to-equity ratio of 11.53. The firm has a 50 day moving average of GBX 304.10 and a 200 day moving average of GBX 316.67. The firm has a market cap of £72.59 million, a PE ratio of 11.70 and a beta of 0.58.

Wynnstay Group (LON:WYN) last announced its quarterly earnings data on Tuesday, February 11th. The company reported GBX 23.78 ($0.30) earnings per share (EPS) for the quarter. Wynnstay Group had a return on equity of 4.69% and a net margin of 0.97%. Equities analysts anticipate that Wynnstay Group Plc will post 24.9054054 earnings per share for the current year.

Insider Activity at Wynnstay Group

In related news, insider Stephen John Ellwood purchased 1,500 shares of the firm’s stock in a transaction dated Wednesday, February 19th. The shares were purchased at an average cost of GBX 328 ($4.13) per share, for a total transaction of £4,920 ($6,201.16). Also, insider Gareth Davies sold 3,304 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of GBX 322 ($4.06), for a total transaction of £10,638.88 ($13,409.23). 26.31% of the stock is owned by company insiders.

About Wynnstay Group

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition.

Wynnstay supplies both direct-to-farm and via its extensive network of depots.