Wynnstay Group Plc has seen movement in its stock as insider Steven Esom purchased 81 shares on November 3, 2023. The acquisition was made at an average price of GBX 346 per share, amounting to a total investment of £280.26. This insider purchase comes at a time when the company’s stock performance has piqued the interest of investors.
Stock Performance Overview
On Thursday, shares of Wynnstay Group opened at GBX 340. Over the past year, the stock has fluctuated, reaching a low of GBX 272.11 and a high of GBX 385. Recent trading data indicates that the stock’s 50-day moving average stands at GBX 359.87, while the 200-day moving average is GBX 353.02. The company currently holds a market capitalization of £78.43 million and a price-to-earnings (PE) ratio of 21.07. Its beta value is noted at 0.58, suggesting lower volatility compared to the market.
In terms of liquidity, Wynnstay Group has a quick ratio of 1.03 and a current ratio of 2.00. The company’s debt-to-equity ratio is reported at 11.53, which reflects its financial leverage.
Company Profile and Services
Wynnstay Group is recognized as a leading provider of agricultural supplies and services within the UK, specifically targeting farmers and rural communities primarily in England and Wales. The company manufactures and supplies a diverse range of agricultural inputs for both livestock and arable farmers. This includes essential products such as feed, seed, and fertiliser.
Additionally, Wynnstay operates through its crop marketing arm, GrainLink, which facilitates a channel for arable farmers to market their grain. The company also employs specialist teams that offer guidance on modern farming techniques, encompassing environmental measures as well as animal health and nutrition.
Wynnstay Group supplies products directly to farms, leveraging its extensive network of depots to ensure comprehensive service delivery to its customers. As it continues to adapt to the evolving agricultural landscape, the company’s insider activities may provide insights into its future direction and market confidence.
