Castings (LON:CGS) Shares Cross Above Fifty Day Moving Average of $344.66

Castings P.L.C. (LON:CGSGet Free Report)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 344.66 ($4.26) and traded as high as GBX 380 ($4.69). Castings shares last traded at GBX 376 ($4.64), with a volume of 67,794 shares changing hands.

Castings Price Performance

The company has a market capitalization of £163.41 million, a price-to-earnings ratio of 1,074.29 and a beta of 0.58. The stock has a 50 day moving average price of GBX 345.28 and a two-hundred day moving average price of GBX 357.50.

About Castings

(Get Free Report)

Castings P.L.C. engages in the iron casting and machining activities. It operates through Foundry Operations and Machining Operations segments. The company offers ductile iron, spheroidal graphite iron, austempered ductile iron, SiMo, and Ni-resist castings. It also provides fertilising solution annealing, pearlitic quench and temper, temper softening, and austempering heat treatment services; automotive standard e-coat and powder coating, galvanising, plating, gas based surface treatment, and plastic and metal spray coating services; and assembly and insulation services.

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