Robinson (LON:RBN) Stock Breaks Below 200-Day Moving Average – Here’s Why

Shares of Robinson plc (LON:RBN – Get Free Report) crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 126.60 and traded as low as GBX 122. Robinson shares last traded at GBX 122, with a volume of 17,440 shares trading hands.

Robinson Stock Performance

The company has a debt-to-equity ratio of 32.70, a current ratio of 1.49 and a quick ratio of 1.41. The business has a fifty day moving average of GBX 126.90 and a 200-day moving average of GBX 126.60. The stock has a market capitalization of £20.52 million, a price-to-earnings ratio of 11.56 and a beta of 0.08.

Robinson (LON:RBN – Get Free Report) last issued its quarterly earnings results on Thursday, August 20th. The company reported GBX 4.80 earnings per share for the quarter. Robinson had a net margin of 3.10% and a return on equity of 6.90%. On average, equities analysts anticipate that Robinson plc will post 9.40 earnings per share for the current fiscal year.

Robinson Company Profile

(Get Free Report)

Robinson plc is a leading provider of innovative custom moulded plastic and rigid paperboard packaging.

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