Glanbia (OTCMKTS:GLAPY) Reaches New 52-Week High – Here’s Why

Glanbia plc (OTCMKTS:GLAPYGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $63.35 and last traded at $63.35, with a volume of 162 shares traded. The stock had previously closed at $52.40.

Glanbia Price Performance

The company’s 50 day simple moving average is $73.98 and its 200-day simple moving average is $80.57. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.63 and a quick ratio of 0.91.

Glanbia Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 12th. Investors of record on Friday, March 21st will be issued a dividend of $1.2109 per share. The ex-dividend date of this dividend is Friday, March 21st. This is a boost from Glanbia’s previous dividend of $0.86.

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.

Further Reading

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