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

The Alumasc Group plc (LON:ALU)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 346.77 and traded as low as GBX 262. The Alumasc Group shares last traded at GBX 269.36, with a volume of 80,801 shares traded.

The Alumasc Group Stock Down 0.2%

The company has a quick ratio of 1.19, a current ratio of 1.66 and a debt-to-equity ratio of 58.17. The stock has a market cap of £95.47 million, a P/E ratio of 10.49 and a beta of 0.90. The company’s 50 day moving average price is GBX 316.92 and its two-hundred day moving average price is GBX 346.77.

The Alumasc Group (LON:ALU) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported GBX 29.90 EPS for the quarter. The Alumasc Group had a return on equity of 29.24% and a net margin of 8.69%. As a group, research analysts expect that The Alumasc Group plc will post 29.3908629 earnings per share for the current year.

Insider Buying and Selling at The Alumasc Group

In other The Alumasc Group news, insider Gilbert Jackson sold 15,957 shares of The Alumasc Group stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of GBX 267, for a total value of £42,605.19. Also, insider Michael Leaf sold 14,828 shares of the business’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of GBX 267, for a total transaction of £39,590.76. Insiders own 27.19% 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.