Ei Group plc (EIG.L) (LON:EIG) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Ei Group plc (EIG.L) (LON:EIG) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 284.60 ($3.72) and traded as low as GBX 284.60 ($3.72). Ei Group plc (EIG.L) shares last traded at GBX 284.60 ($3.72), with a volume of 27,174 shares traded.

Ei Group plc (EIG.L) Stock Down 0.1 %

The stock has a market cap of £1.26 billion and a P/E ratio of -6.16. The stock’s fifty day simple moving average is GBX 284.60 and its 200-day simple moving average is GBX 284.60. The company has a debt-to-equity ratio of 143.83, a current ratio of 1.01 and a quick ratio of 0.86.

About Ei Group plc (EIG.L)

Ei Group plc operates leased and tenanted pubs in the United Kingdom. It operates through three segments: Publican Partnerships, Commercial Properties, and Managed. The company engages in the rental of commercial properties, as well as financing and public houses management businesses. It is also involved in the sale of foods and drinks, as well as accommodation and gaming machines.