Wynnstay Group (LON:WYN) Stock Price Down 0.8% – Here’s Why

Wynnstay Group Plc (LON:WYN) shares were down 0.8% on Tuesday . The stock traded as low as GBX 300.15 ($3.82) and last traded at GBX 305 ($3.88). Approximately 60,910 shares were traded during trading, an increase of 27% from the average daily volume of 47,849 shares. The stock had previously closed at GBX 307.50 ($3.91).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group decreased their target price on shares of Wynnstay Group from GBX 520 ($6.61) to GBX 470 ($5.98) and set a “buy” rating for the company in a research report on Friday, October 4th.

Wynnstay Group Stock Performance

The firm has a market cap of £70.15 million, a P/E ratio of 1,220.00 and a beta of 0.58. The company has a debt-to-equity ratio of 14.36, a current ratio of 2.00 and a quick ratio of 1.03. The stock’s 50 day moving average is GBX 314.79 and its two-hundred day moving average is GBX 340.03.

Insider Activity

In related news, insider Claire Wilams sold 6,575 shares of the stock in a transaction dated Wednesday, October 23rd. The shares were sold at an average price of GBX 305 ($3.88), for a total transaction of £20,053.75 ($25,494.22). Corporate insiders own 26.31% of the company’s stock.

Wynnstay Group Company Profile

Wynnstay Group Plc manufactures and supplies agricultural products in the United Kingdom. It operates through Agriculture and Specialist Agricultural Merchanting segments. The Agriculture segment offers feeds for farm livestock, feed raw materials for farmers and other manufacturers; seeds, fertiliser and agrochemicals; and grain marketing services.