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

Wynnstay Group Plc (LON:WYN) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 333.90 ($4.13) and traded as low as GBX 309 ($3.82). Wynnstay Group shares last traded at GBX 319.50 ($3.95), with a volume of 11,068 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group cut their target price on Wynnstay Group from GBX 520 ($6.44) to GBX 470 ($5.82) and set a “buy” rating on the stock in a report on Friday, October 4th.

Wynnstay Group Stock Performance

The stock has a fifty day simple moving average of GBX 311.16 and a 200-day simple moving average of GBX 333.80. The company has a market capitalization of £72.45 million, a P/E ratio of 1,260.00 and a beta of 0.58. The company has a quick ratio of 1.03, a current ratio of 2.00 and a debt-to-equity ratio of 14.36.

Insider Buying and Selling

In other news, insider Claire Wilams bought 3,325 shares of the business’s stock in a transaction that occurred on Wednesday, October 30th. The stock was acquired at an average cost of GBX 330 ($4.08) per share, for a total transaction of £10,972.50 ($13,581.51). 26.31% of the stock is owned by insiders.

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.