The Alumasc Group (LON:ALU) Share Price Passes Below 200 Day Moving Average – Should You Sell?

The Alumasc Group plc (LON:ALU) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 351.91 ($4.76) and traded as low as GBX 300 ($4.06). The Alumasc Group shares last traded at GBX 301 ($4.07), with a volume of 45,480 shares trading hands.

The Alumasc Group Trading Up 2.7%

The stock has a market capitalization of £111.11 million, a PE ratio of 1,221.34 and a beta of 0.90. 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 business’s 50-day moving average is GBX 352.22 and its two-hundred day moving average is GBX 351.91.

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

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.