Billington (LON:BILN) Stock Crosses Below 200-Day Moving Average – Here’s Why

Shares of Billington Holdings Plc (LON:BILNGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 515.37 ($6.69) and traded as low as GBX 470 ($6.10). Billington shares last traded at GBX 487 ($6.32), with a volume of 17,572 shares trading hands.

Billington Price Performance

The company has a market capitalization of £59.51 million, a price-to-earnings ratio of 621.79 and a beta of 0.76. The company has a current ratio of 1.99, a quick ratio of 0.89 and a debt-to-equity ratio of 3.32. The firm’s 50 day simple moving average is GBX 500.78 and its 200-day simple moving average is GBX 515.35.

About Billington

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Billington Holdings Plc, through its subsidiaries, designs, manufactures, and installs structural steelworks in the United Kingdom and Europe. The company designs, fabricates, and installs bespoke steel staircases, balustrade systems, and secondary steelworks. It also provides safety solutions and barrier systems to the construction industry; edge protection and fall prevention systems; and site hoarding and branding systems.

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