Heavitree Brewery (LON:HVT) Stock Passes Below 50 Day Moving Average – Here’s Why

The Heavitree Brewery PLC (LON:HVT)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 217.50 ($2.89) and traded as low as GBX 215 ($2.86). Heavitree Brewery shares last traded at GBX 227 ($3.02), with a volume of 8 shares.

Heavitree Brewery Stock Performance

The business’s fifty day moving average price is GBX 217.50 and its two-hundred day moving average price is GBX 253.96. The company has a debt-to-equity ratio of 13.43, a quick ratio of 0.77 and a current ratio of 0.74. The stock has a market capitalization of £7.58 million, a P/E ratio of 4.95 and a beta of 0.53.

Heavitree Brewery (LON:HVT) last released its quarterly earnings results on Wednesday, February 19th. The company reported GBX 27.20 ($0.36) EPS for the quarter. Heavitree Brewery had a return on equity of 7.95% and a net margin of 17.99%.

About Heavitree Brewery

The Heavitree Brewery PLC engages in the development and operation of a leased and tenanted estate in England. It operates leased and tenanted pub and public houses. The company was founded in 1790 and is based in Exeter, the United Kingdom.