Chamberlin (LON:CMH) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Chamberlin plc (LON:CMH) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1.17 ($0.01) and traded as low as GBX 1.10 ($0.01). Chamberlin shares last traded at GBX 1.15 ($0.01), with a volume of 181,401 shares changing hands.

Chamberlin Stock Performance

The firm 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 50-day moving average of GBX 1.15 and a 200-day moving average of GBX 1.17. 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.