Cranswick shows relatively strong fundamentals and is coming back to attractive prices.

From a fundamental viewpoint, the security is cheap with a P/E ratio of 12.82x for 2014 and 11.86x for 2015.
Besides, EV/Sales is low with a ratio of 0.57x for this year.

After several weeks of horizontal fluctuations within the mid-term range GBp 1055 / GBp 1118, the stock is coming back close to the lower limit of the range.
Technical indicators illustrate the oversold situation. The GBp 1055 area could cause a positive reaction for the coming trading sessions and allow a technical rebound towards the GBp 1118 mid-term resistance and then the long-term target price is GBp 1189.

The trading strategy can benefit from the proximity of the strong support currently tested in order to buy Cranswick with a good timing. Investors might place a stop loss order at GBp 1028.5 in order to avoid important losses.