Graincorp (ASX:GNC) Stock Price Passes Below Fifty Day Moving Average of $7.91

Graincorp Ltd (ASX:GNC)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $7.91 and traded as low as $8.01. Graincorp shares last traded at $8.09, with a volume of 632,529 shares trading hands.

The company has a debt-to-equity ratio of 109.47, a current ratio of 1.47 and a quick ratio of 0.58. The company’s 50-day moving average price is A$7.92. The firm has a market cap of $1.82 billion and a price-to-earnings ratio of -74.49.

Graincorp Company Profile (ASX:GNC)

GrainCorp Limited operates as a food ingredients and agribusiness company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. The company operates in three segments: Grains, Malt, and Oils. The Grains segment receives, transports, tests, stores, and exports/imports grains comprising wheat, barley, canola, and sorghum, as well as other bulk commodities.

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