Wynnstay Group (LON:WYN) Issues Quarterly Earnings Results

Wynnstay Group (LON:WYN) posted its earnings results on Tuesday. The company reported GBX 23.78 ($0.30) earnings per share for the quarter, Digital Look Earnings reports. Wynnstay Group had a return on equity of 4.40% and a net margin of 0.90%.

Wynnstay Group Stock Up 3.2 %

WYN traded up GBX 10 ($0.12) during midday trading on Thursday, reaching GBX 325 ($4.05). The company’s stock had a trading volume of 117,208 shares, compared to its average volume of 30,184. Wynnstay Group has a 1 year low of GBX 270 ($3.36) and a 1 year high of GBX 418.50 ($5.21). The company has a current ratio of 2.00, a quick ratio of 1.03 and a debt-to-equity ratio of 14.36. The firm has a market capitalization of £74.75 million, a price-to-earnings ratio of 1,300.00 and a beta of 0.58. The stock’s 50-day moving average is GBX 299.59 and its 200-day moving average is GBX 318.41.

Insider Buying and Selling at Wynnstay Group

In other news, insider Gareth Davies sold 3,304 shares of the business’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of GBX 322 ($4.01), for a total value of £10,638.88 ($13,242.32). 26.31% of the stock is owned by company insiders.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of Wynnstay Group in a report on Tuesday.

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.