Bisichi (LON:BISI) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Bisichi PLC (LON:BISIGet Free Report)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 111.44 ($1.40) and traded as low as GBX 107.37 ($1.35). Bisichi shares last traded at GBX 114.40 ($1.43), with a volume of 741 shares.

Bisichi Trading Up 1.7 %

The company has a current ratio of 0.59, a quick ratio of 1.03 and a debt-to-equity ratio of 18.02. The firm has a market cap of £12.22 million, a PE ratio of 476.67 and a beta of -0.10. The business has a fifty day moving average price of GBX 111.55 and a 200 day moving average price of GBX 99.55.

Insider Activity at Bisichi

In other news, insider Clement Robin Parish acquired 5,000 shares of the company’s stock in a transaction on Thursday, October 10th. The shares were bought at an average price of GBX 123 ($1.54) per share, with a total value of £6,150 ($7,706.77). 58.54% of the stock is currently owned by corporate insiders.

About Bisichi

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Bisichi PLC engages in the coal mining and processing activities in South Africa. The company owns an interest in the Black Wattle Colliery, a coal mining and washing operation located in Mpumulanga, South Africa. It is also involved in the retail property investment and residential property development activities in the United Kingdom, as well as share dealing business.

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