The Alumasc Group (LON:ALU) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

The Alumasc Group plc (LON:ALU)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 296 and traded as low as GBX 269.60. The Alumasc Group shares last traded at GBX 270, with a volume of 69,014 shares changing hands.

The Alumasc Group Stock Up 0.8%

The stock has a market capitalization of £97.85 million, a PE ratio of 10.76 and a beta of 0.90. The company has a debt-to-equity ratio of 58.17, a current ratio of 1.66 and a quick ratio of 1.19. The business’s fifty day moving average price is GBX 248.73 and its two-hundred day moving average price is GBX 296.

The Alumasc Group (LON:ALU) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported GBX 8.30 earnings per share for the quarter. The Alumasc Group had a return on equity of 29.24% and a net margin of 8.69%. On average, equities research analysts forecast that The Alumasc Group plc will post 29.3908629 EPS for the current fiscal year.

Insiders Place Their Bets

In other The Alumasc Group news, insider Michael Leaf sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of GBX 288, for a total transaction of £43,200. Company insiders own 27.61% of the company’s stock.

About The Alumasc Group

Alumasc is a UK-based supplier of premium building products, systems and solutions.

Almost 80% of group sales are driven by building regulations and specifications (architects and structural engineers) because of the performance characteristics offered.

Over 90% of group sales relate to one or more of the following long-term strategic growth drivers: Energy management, Water management, Bespoke architectural solutions and Ease of construction (including off-site construction)

Our strategy is enabling us to outperform the UK construction market, and we are leveraging this through growth in export sales.