Greggs (LON:GRG) Releases Quarterly Earnings Results

Greggs (LON:GRG) released its quarterly earnings results on Tuesday. The company reported GBX 150.70 ($1.94) EPS for the quarter, Digital Look Earnings reports. Greggs had a return on equity of 26.79% and a net margin of 7.13%.

Greggs Trading Down 2.4 %

GRG opened at GBX 1,773 ($22.85) on Thursday. The firm has a market capitalization of £1.79 billion, a P/E ratio of 13.15, a P/E/G ratio of 3.39 and a beta of 1.43. The firm’s 50 day moving average is GBX 2,242.34 and its 200-day moving average is GBX 2,670.65. The company has a quick ratio of 0.88, a current ratio of 0.80 and a debt-to-equity ratio of 66.19. Greggs has a 52-week low of GBX 1,768 ($22.79) and a 52-week high of GBX 3,250 ($41.89).

Insider Activity at Greggs

In other Greggs news, insider Nigel Mills acquired 925 shares of the company’s stock in a transaction on Friday, January 10th. The shares were bought at an average cost of GBX 2,149 ($27.70) per share, for a total transaction of £19,878.25 ($25,622.91). Company insiders own 5.89% of the company’s stock.

About Greggs

Greggs is a leading UK food-on-the-go retailer with more than 2,400 shops nationwide and approximately 32,000 employees across the business.

As a food-on-the-go retailer, Greggs specialises in daily fresh shop-made sandwiches, and savouries baked fresh in the shop ovens throughout the day. These are further complemented by popular products and ranges including freshly ground coffee, breakfast, confectionery and evening menu items.