Chamberlin (LON:CMH) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Chamberlin plc (LON:CMHGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1.25 ($0.02) and traded as low as GBX 1.10 ($0.01). Chamberlin shares last traded at GBX 1.15 ($0.01), with a volume of 181,401 shares.

Chamberlin Stock Performance

The company has a current ratio of 0.77, a quick ratio of 0.42 and a debt-to-equity ratio of 6,517.24. The company has a market capitalization of £2.06 million, a price-to-earnings ratio of -0.09 and a beta of 0.40. The stock’s fifty day simple moving average is GBX 1.15 and its 200-day simple moving average is GBX 1.24.

About Chamberlin

(Get Free Report)

Chamberlin plc, together with its subsidiaries, manufactures and sells iron castings and engineered products in the United Kingdom, Italy, Germany, rest of Europe, and internationally. It operates through two segments, Foundries and Engineering. The company offers grey iron castings for the automotive sector, hydraulic, and mechanical engineering applications; cast iron radiators and consumer products in fitness and cookware markets; and grey, ductile, and alloyed iron castings for a range of applications, including power generation, renewable energy, bearing housings, steelworks, construction, and compressors.

Further Reading

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