Autins Group (LON:AUTG) Shares Pass Below 50 Day Moving Average – Here’s Why

Shares of Autins Group plc (LON:AUTG) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 15.43 and traded as low as GBX 14.02. Autins Group shares last traded at GBX 14.02, with a volume of 1,615 shares trading hands.

Autins Group Trading Down 3.3%

The company has a market capitalization of £7.66 million, a P/E ratio of 46.73 and a beta of 1.17. The business has a 50 day moving average price of GBX 15.43 and a 200 day moving average price of GBX 11.96. The company has a current ratio of 1.09, a quick ratio of 1.80 and a debt-to-equity ratio of 78.47.

Autins Group (LON:AUTG) last announced its quarterly earnings results on Monday, June 29th. The company reported GBX 0.30 earnings per share (EPS) for the quarter. Autins Group had a negative net margin of 2.00% and a negative return on equity of 4.44%.

Insiders Place Their Bets

In other news, insider Andrew (‘Andy’) Bloomer bought 67,885 shares of the stock in a transaction on Friday, July 3rd. The stock was purchased at an average price of GBX 15 per share, for a total transaction of £10,182.75. Insiders own 8.06% of the company’s stock.

About Autins Group

Autins specialises in the design, manufacture and supply of acoustic and thermal insulation solutions primarily in the automotive sector but with an increasing focus on other sectors, including flooring, office interiors, PPE, medical, building and wider industrial applications.

Autins is a highly innovative and technically driven organisation. Following extensive efforts by our design engineers and the R&D and manufacturing teams we are now manufacturing safety face masks made using our patented lightweight micro-fibre, Neptune.