Wynnstay Group (LON:WYN) Issues Quarterly Earnings Results

Wynnstay Group (LON:WYN) announced its earnings results on Tuesday. The company reported GBX 23.78 ($0.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Wynnstay Group had a net margin of 0.90% and a return on equity of 4.40%.

Wynnstay Group Trading Up 3.2 %

Wynnstay Group stock traded up GBX 10 ($0.12) during mid-day trading on Thursday, hitting GBX 325 ($4.05). The company’s stock had a trading volume of 118,212 shares, compared to its average volume of 30,539. The company has a debt-to-equity ratio of 14.36, a current ratio of 2.00 and a quick ratio of 1.03. The stock has a market cap of £74.75 million, a price-to-earnings ratio of 1,300.00 and a beta of 0.58. The business has a 50 day moving average price of GBX 299.59 and a 200-day moving average price of GBX 318.41. Wynnstay Group has a 12 month low of GBX 270 ($3.36) and a 12 month high of GBX 418.50 ($5.21).

Insiders Place Their Bets

In other Wynnstay Group news, insider Gareth Davies sold 3,304 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of GBX 322 ($4.01), for a total value of £10,638.88 ($13,242.32). 26.31% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on WYN shares. Shore Capital reiterated a “house stock” rating on shares of Wynnstay Group in a research report on Tuesday. Canaccord Genuity Group cut their target price on shares of Wynnstay Group from GBX 470 ($5.85) to GBX 430 ($5.35) and set a “buy” rating for the company in a research report on Thursday.

About Wynnstay Group

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition.

Wynnstay supplies both direct-to-farm and via its extensive network of depots.