Glanbia plc (OTCMKTS:GLAPY)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $60.00 and last traded at $60.00, with a volume of 148 shares traded. The stock had previously closed at $80.18.
Separately, Zacks Investment Research downgraded shares of Glanbia from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd.
The firm has a market capitalization of $3.55 billion, a PE ratio of 11.17, a price-to-earnings-growth ratio of 2.30 and a beta of 0.01. The stock has a 50-day simple moving average of $80.74.
Glanbia plc operates as a nutrition company worldwide. It operates through three segments: Glanbia Performance Nutrition, Glanbia Nutritionals, and Glanbia Ireland. The Glanbia Performance Nutrition segment manufactures and sells sports nutrition and lifestyle nutrition products in various formats, including powders, ready-to-eat bars and snacking foods, and ready-to-drink beverages through various channels, such as specialty retail, the Internet, and gyms, as well the food, drug, mass, and club channels.
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