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

Wynnstay Group Plc (LON:WYN)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 331.09 ($4.07) and traded as low as GBX 301.27 ($3.71). Wynnstay Group shares last traded at GBX 301.27 ($3.71), with a volume of 11,376 shares traded.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group cut their price objective on shares of Wynnstay Group from GBX 520 ($6.40) to GBX 470 ($5.78) and set a “buy” rating on the stock in a research note on Friday, October 4th.

Wynnstay Group Trading Down 2.0 %

The firm has a market cap of £69.29 million, a price-to-earnings ratio of 1,205.06 and a beta of 0.58. The company has a fifty day moving average price of GBX 310.65 and a 200-day moving average price of GBX 331.09. The company has a current ratio of 2.00, a quick ratio of 1.03 and a debt-to-equity ratio of 14.36.

Insider Buying and Selling at Wynnstay Group

In other Wynnstay Group news, insider Claire Wilams sold 6,575 shares of the company’s stock in a transaction dated Wednesday, October 23rd. The shares were sold at an average price of GBX 305 ($3.75), for a total value of £20,053.75 ($24,675.46). 26.31% of the stock is currently owned by corporate insiders.

About Wynnstay Group

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.