Wynnstay Group (LON:WYN) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Wynnstay Group Plc (LON:WYN)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 356.83 ($4.67) and traded as low as GBX 325.40 ($4.26). Wynnstay Group shares last traded at GBX 330 ($4.32), with a volume of 1,924,928 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group dropped their target price on shares of Wynnstay Group from GBX 520 ($6.81) to GBX 470 ($6.15) and set a “buy” rating on the stock in a research report on Friday, October 4th.

Wynnstay Group Price Performance

The stock has a market cap of £75.90 million, a P/E ratio of 1,320.00 and a beta of 0.58. The business has a 50 day simple moving average of GBX 335.93 and a 200-day simple moving average of GBX 356.56. The company has a debt-to-equity ratio of 14.36, a quick ratio of 1.03 and a current ratio of 2.00.

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.