Northern Bear (LON:NTBR) Stock Passes Above 50 Day Moving Average – Here’s What Happened

Northern Bear PLC (LON:NTBR) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 114.65 and traded as high as GBX 133. Northern Bear shares last traded at GBX 130, with a volume of 58,969 shares trading hands.

Northern Bear Stock Down 4.0%

The firm’s fifty day moving average is GBX 115.03 and its two-hundred day moving average is GBX 112.29. The firm has a market cap of £16.51 million, a price-to-earnings ratio of 4.10 and a beta of 0.26. The company has a debt-to-equity ratio of 9.55, a current ratio of 1.24 and a quick ratio of 1.06.

Northern Bear (LON:NTBR) last released its earnings results on Thursday, July 16th. The company reported GBX 30.20 EPS for the quarter. Northern Bear had a net margin of 4.82% and a return on equity of 16.33%. On average, sell-side analysts expect that Northern Bear PLC will post 10.0925926 EPS for the current fiscal year.

About Northern Bear

Northern Bear PLC, together with its subsidiaries, provides building and support services to local authorities, housing associations, NHS trusts, universities, construction companies, and national house builders in Northern England and internationally. It operates through three segments: Roofing Activities, Materials Handling Activities, and Specialist Building Services Activities. The company supplies, maintains, and services forklift trucks and warehouse equipment. It also offers roofing services, such as slating, tiling, leadwork, felting and general roof repairs, specialist leadwork, and refurbishment and maintenance services for domestic, commercial, and public sector properties.