Churchill China (LON:CHH) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Churchill China plc (LON:CHH) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 335.09 and traded as high as GBX 343. Churchill China shares last traded at GBX 343, with a volume of 7,992 shares changing hands.

Churchill China Stock Performance

The company has a quick ratio of 2.22, a current ratio of 4.34 and a debt-to-equity ratio of 4.03. The stock has a fifty day moving average price of GBX 335.09 and a 200-day moving average price of GBX 348.12. The firm has a market cap of £37.72 million, a price-to-earnings ratio of 8.64, a price-to-earnings-growth ratio of 4.81 and a beta of 0.80.

Churchill China (LON:CHH) last posted its quarterly earnings data on Monday, April 13th. The company reported GBX 39.70 earnings per share for the quarter. Churchill China had a net margin of 5.72% and a return on equity of 7.14%. The firm had revenue of GBX 7,628 million for the quarter. On average, analysts expect that Churchill China plc will post 76.2128707 earnings per share for the current fiscal year.

Insider Activity at Churchill China

In other news, insider James Andrew Roper sold 30,000 shares of Churchill China stock in a transaction dated Friday, April 17th. The shares were sold at an average price of GBX 344, for a total value of £103,200. Also, insider Martin Payne bought 3,000 shares of the stock in a transaction dated Friday, April 17th. The stock was purchased at an average cost of GBX 357 per share, for a total transaction of £10,710. Insiders have bought 9,000 shares of company stock worth $3,191,000 in the last 90 days. Corporate insiders own 24.17% of the company’s stock.

About Churchill China

Churchill China plc manufactures and sells ceramic and related products in the United Kingdom, rest of Europe, the United States, and internationally. The company provides plates, bowls, trays and boards, crates and carriers, stands and risers, cookware, counter serving ware, cups, mugs, saucers, beverage pots, jugs, chip mugs, dip pots and sauce dishes, lids, glassware, cutlery, utensils, and accessories, as well as raw materials for the ceramics industry. It offers its products to pubs and restaurants.