The Alumasc Group (LON:ALU) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

The Alumasc Group plc (LON:ALU) 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 traded.

The Alumasc Group Trading Up 0.8%

The stock has a fifty day moving average of GBX 248.73 and a 200-day moving average of GBX 296. The company has a market cap 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 quick ratio of 1.19 and a current ratio of 1.66.

The Alumasc Group (LON:ALU) last issued its earnings results on Tuesday, February 3rd. The company reported GBX 8.30 earnings per share (EPS) for the quarter. The Alumasc Group had a net margin of 8.69% and a return on equity of 29.24%. Sell-side analysts anticipate 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 company’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of GBX 288, for a total value of £43,200. 27.61% of the stock is currently owned by company insiders.

The Alumasc Group Company Profile

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.