Churchill China (LON:CHH) Stock Passes Below 200 Day Moving Average – Here’s Why

Shares of Churchill China plc (LON:CHH) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 486.86 and traded as low as GBX 342.20. Churchill China shares last traded at GBX 370, with a volume of 45,125 shares changing hands.

Churchill China Stock Up 0.6%

The firm has a market cap of £39.26 million, a PE ratio of 7.74, a PEG ratio of 4.81 and a beta of 0.96. The company has a current ratio of 4.18, a quick ratio of 2.22 and a debt-to-equity ratio of 1.10. The firm has a 50 day moving average price of GBX 384.32 and a 200-day moving average price of GBX 484.46.

Churchill China (LON:CHH) last released its earnings results on Wednesday, September 3rd. The company reported GBX 21 earnings per share for the quarter. Churchill China had a net margin of 9.92% and a return on equity of 12.97%. Research analysts forecast that Churchill China plc will post 76.2128707 EPS for the current fiscal year.

Insider Activity

In other news, insider Mark Moore bought 730 shares of the stock in a transaction that occurred on Thursday, October 23rd. The stock was purchased at an average price of GBX 360 per share, for a total transaction of £2,628. Company insiders own 24.35% of the company’s stock.

About Churchill China

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.