Billington (LON:BILN) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Billington Holdings Plc (LON:BILN) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 340.18 and traded as low as GBX 335. Billington shares last traded at GBX 342.55, with a volume of 40,988 shares traded.

Billington Stock Performance

The firm’s 50 day moving average price is GBX 318.92 and its 200-day moving average price is GBX 340.19. The firm has a market cap of £44.29 million, a price-to-earnings ratio of 7.71 and a beta of 0.76. The company has a debt-to-equity ratio of 3.32, a current ratio of 1.99 and a quick ratio of 0.89.

Billington (LON:BILN) last issued its quarterly earnings results on Tuesday, September 30th. The company reported GBX 9.80 earnings per share for the quarter. Billington had a net margin of 7.88% and a return on equity of 20.60%. On average, analysts anticipate that Billington Holdings Plc will post 54.222973 earnings per share for the current year.

Billington Company Profile

Billington Holdings Plc, through its subsidiaries, designs, manufactures, and installs structural steelworks in the United Kingdom and Europe. The company designs, fabricates, and installs bespoke steel staircases, balustrade systems, and secondary steelworks. It also provides safety solutions and barrier systems to the construction industry; edge protection and fall prevention systems; and site hoarding and branding systems. In addition, the company engages in the property rental and management services.