Greene King (LON:GNK) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Shares of Greene King plc (LON:GNKGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 849.20 ($11.05) and traded as high as GBX 849.40 ($11.06). Greene King shares last traded at GBX 849.20 ($11.05), with a volume of 6,678,342 shares changing hands.

Greene King Price Performance

The business has a 50 day moving average price of GBX 849.20 and a two-hundred day moving average price of GBX 849.20. The company has a debt-to-equity ratio of 111.89, a quick ratio of 0.51 and a current ratio of 0.67. The stock has a market cap of £2.63 billion and a PE ratio of 21.94.

Greene King Company Profile

(Get Free Report)

Greene King plc operates as a pub retailer and brewer in the United Kingdom. The company operates through three segments: Pub Company, Pub Partners, and Brewing & Brands. Its brands include Greene King Local Pubs, Hungry Horse, Flaming Grill, Farmhouse Inns, and Chef & Brewer. The company is also involved in brewing, marketing, and selling beer under the Greene King IPA, Old Speckled Hen, Abbot Ale, and Belhaven Best brands.

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