Churchill China (LON:CHH) Share Price Passes Below 50 Day Moving Average – Time to Sell?

Shares of Churchill China plc (LON:CHH) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 335.32 and traded as low as GBX 332. Churchill China shares last traded at GBX 342.95, with a volume of 16,985 shares changing hands.

Churchill China Price Performance

The company has a quick ratio of 2.22, a current ratio of 4.34 and a debt-to-equity ratio of 4.03. The stock has a market capitalization of £37.61 million, a price-to-earnings ratio of 8.61, a P/E/G ratio of 4.81 and a beta of 0.80. The company’s 50-day simple moving average is GBX 334.88 and its 200 day simple moving average is GBX 347.99.

Churchill China (LON:CHH) last posted its earnings results on Monday, April 13th. The company reported GBX 39.70 earnings per share for the quarter. Churchill China had a return on equity of 7.14% and a net margin of 5.72%.The company had revenue of GBX 7,628 million for the quarter. Equities research analysts forecast that Churchill China plc will post 76.2128707 EPS for the current year.

Insider Buying and Selling at Churchill China

In related news, insider Martin Payne acquired 3,000 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The shares were acquired at an average cost of GBX 357 per share, with a total value of £10,710. Also, insider Mark Moore bought 1,000 shares of Churchill China stock in a transaction that occurred on Friday, April 17th. The stock was bought at an average price of GBX 354 per share, with a total value of £3,540. Insiders have acquired a total of 9,000 shares of company stock worth $3,191,000 in the last 90 days. Company insiders own 24.17% of the company’s stock.

Churchill China Company Profile

Churchill China plc manufactures and sells ceramic and related products in the United Kingdom, rest of Europe, the United States, and internationally. The company provides plates, bowls, trays and boards, crates and carriers, stands and risers, cookware, counter serving ware, cups, mugs, saucers, beverage pots, jugs, chip mugs, dip pots and sauce dishes, lids, glassware, cutlery, utensils, and accessories, as well as raw materials for the ceramics industry. It offers its products to pubs and restaurants.