McKay Securities (LON:MCKS) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

McKay Securities Plc (LON:MCKSGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 281 ($3.53) and traded as low as GBX 281 ($3.53). McKay Securities shares last traded at GBX 281 ($3.53), with a volume of 94,978 shares changing hands.

McKay Securities Stock Performance

The company has a market capitalization of £253.15 million and a price-to-earnings ratio of 18.73. The firm has a fifty day moving average price of GBX 281 and a 200-day moving average price of GBX 281. The company has a debt-to-equity ratio of 53.24, a quick ratio of 0.68 and a current ratio of 1.86.

About McKay Securities

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McKay Securities Plc is a commercial property investment company with Real Estate Investment Trust (REIT) status, listed on the main market of the London Stock Exchange. It specialises in the development and refurbishment of office, industrial and logistics buildings within proven markets of South East England and London.

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