Chamberlin (LON:CMH) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Chamberlin plc (LON:CMH) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1.15 ($0.01) and traded as high as GBX 1.18 ($0.01). Chamberlin shares last traded at GBX 1.15 ($0.01), with a volume of 181,401 shares.

Chamberlin Stock Performance

The company’s fifty day simple moving average is GBX 1.15 and its 200 day simple moving average is GBX 1.22. The stock has a market capitalization of £2.06 million, a P/E ratio of -0.09 and a beta of 0.40. The company has a current ratio of 0.77, a quick ratio of 0.42 and a debt-to-equity ratio of 6,517.24.

Chamberlin Company Profile

Chamberlin plc, together with its subsidiaries, manufactures and sells iron castings and engineered products in the United Kingdom, Italy, Germany, rest of Europe, and internationally. It operates through two segments, Foundries and Engineering. The company offers grey iron castings for the automotive sector, hydraulic, and mechanical engineering applications; cast iron radiators and consumer products in fitness and cookware markets; and grey, ductile, and alloyed iron castings for a range of applications, including power generation, renewable energy, bearing housings, steelworks, construction, and compressors.