Autins Group (LON:AUTG) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Autins Group plc (LON:AUTG) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 15.40 and traded as low as GBX 14.50. Autins Group shares last traded at GBX 15, with a volume of 20 shares.

Autins Group Trading Down 3.4%

The business’s 50-day moving average price is GBX 15.40 and its two-hundred day moving average price is GBX 11.81. The company has a debt-to-equity ratio of 78.47, a current ratio of 1.09 and a quick ratio of 1.80. The firm has a market cap of £7.64 million, a price-to-earnings ratio of 46.67 and a beta of 1.17.

Autins Group (LON:AUTG) last announced its quarterly earnings data 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 Autins Group news, insider Andrew (‘Andy’) Bloomer purchased 67,885 shares of Autins Group stock in a transaction on Friday, July 3rd. The shares were bought at an average price of GBX 15 per share, with a total value of £10,182.75. Company 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.