Glanbia (OTCMKTS:GLAPF) Share Price Crosses Below 200-Day Moving Average of $17.20
Shares of Glanbia plc (OTCMKTS:GLAPF) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $17.20 and traded as low as $12.70. Glanbia shares last traded at $12.70, with a volume of 4,000 shares traded.
Separately, Jefferies Financial Group raised Glanbia from a “hold” rating to a “buy” rating in a research note on Friday, September 6th.
The firm has a 50 day moving average of $13.19 and a two-hundred day moving average of $17.20.
Glanbia plc operates as a nutrition company worldwide. It operates through three segments: Glanbia Performance Nutrition, Glanbia Nutritionals, and Glanbia Ireland. The Glanbia Performance Nutrition segment manufactures and sells sports nutrition and lifestyle nutrition products in various formats, including powders, ready-to-eat bars and snacking foods, and ready-to-drink beverages through various channels, such as specialty retail, the Internet, and gyms, as well the food, drug, mass, and club channels.
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