Churchill China (LON:CHH) Shares Cross Below 200 Day Moving Average – Time to Sell?

Shares of Churchill China plc (LON:CHH) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 353.72 and traded as low as GBX 321.10. Churchill China shares last traded at GBX 327, with a volume of 6,952 shares traded.

Churchill China Trading Up 0.6%

The business’s 50 day moving average is GBX 329.15 and its two-hundred day moving average is GBX 353.72. The firm has a market capitalization of £35.96 million, a P/E ratio of 8.24, a PEG ratio of 4.81 and a beta of 0.75. The company has a quick ratio of 2.22, a current ratio of 4.34 and a debt-to-equity ratio of 4.03.

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

Insider Activity at Churchill China

In other news, insider Michael Cunningham acquired 2,000 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were bought at an average price of GBX 358 per share, with a total value of £7,160. Also, insider James Andrew Roper sold 30,000 shares of the firm’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of GBX 344, for a total value of £103,200. Insiders acquired 9,000 shares of company stock worth $3,191,000 in the last quarter. 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. It offers its products to pubs and restaurants.