Robinson (LON:RBN) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Robinson plc (LON:RBN) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 123.07 and traded as high as GBX 129.95. Robinson shares last traded at GBX 129.95, with a volume of 1,679 shares changing hands.

Robinson Trading Up 4.0%

The company has a quick ratio of 1.41, a current ratio of 1.49 and a debt-to-equity ratio of 31.25. The firm’s 50-day moving average price is GBX 118.22 and its 200 day moving average price is GBX 123.07. The company has a market capitalization of £21.77 million, a P/E ratio of 9.56 and a beta of 0.06.

Robinson (LON:RBN) last posted its earnings results on Friday, March 6th. The company reported GBX 13.10 EPS for the quarter. Robinson had a net margin of 4.05% and a return on equity of 8.96%. As a group, equities research analysts predict that Robinson plc will post 9.4014733 earnings per share for the current year.

Robinson Company Profile

Robinson plc is a leading provider of innovative custom moulded plastic and rigid paperboard packaging.