The Alumasc Group (LON:ALU) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Shares of The Alumasc Group plc (LON:ALU) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 305.84 ($3.79) and traded as high as GBX 320 ($3.96). The Alumasc Group shares last traded at GBX 311 ($3.85), with a volume of 46,550 shares changing hands.

The Alumasc Group Price Performance

The stock has a market cap of £111.45 million, a PE ratio of 1,291.67 and a beta of 0.90. The stock’s fifty day moving average is GBX 306.59 and its 200-day moving average is GBX 266.60. The company has a debt-to-equity ratio of 58.17, a current ratio of 1.66 and a quick ratio of 1.19.

Insider Activity at The Alumasc Group

In other news, insider Gilbert Jackson sold 5,230 shares of the company’s stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of GBX 274 ($3.39), for a total value of £14,330.20 ($17,737.59). Also, insider Michael Leaf sold 8,370 shares of the stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of GBX 310 ($3.84), for a total transaction of £25,947 ($32,116.60). 47.23% of the stock is currently owned by insiders.

About The Alumasc Group

The Alumasc Group plc, together with its subsidiaries, manufactures and sells building products, systems, and solutions in the United Kingdom, Europe, North America, the Middle East, the Far East, and internationally. The company operates through Water Management, Building Envelope, and Housebuilding Products segments.