Castings P.L.C. (LON:CGS - Get Free Report)'s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 262.77 ($3.53) and traded as high as GBX 285 ($3.83). Castings shares last traded at GBX 284 ($3.82), with a volume of 11,819 shares trading hands.
Castings Stock Down 2.9%
The stock has a market cap of £119.24 million, a P/E ratio of 7.16 and a beta of 0.60. The company's 50 day moving average price is GBX 263.93 and its two-hundred day moving average price is GBX 263.49.
Castings (LON:CGS - Get Free Report) last released its quarterly earnings data on Wednesday, June 11th. The company reported GBX 9.60 ($0.13) EPS for the quarter. Castings had a return on equity of 12.83% and a net margin of 7.45%. As a group, equities research analysts forecast that Castings P.L.C. will post 17.2492837 earnings per share for the current year.
Castings Company Profile
(
Get Free Report)
Castings P.L.C. engages in the iron casting and machining activities. It operates through Foundry Operations and Machining Operations segments. The company offers ductile iron, spheroidal graphite iron, austempered ductile iron, SiMo, and Ni-resist castings. It also provides fertilising solution annealing, pearlitic quench and temper, temper softening, and austempering heat treatment services; automotive standard e-coat and powder coating, galvanising, plating, gas based surface treatment, and plastic and metal spray coating services; and assembly and insulation services.
Further Reading
Before you consider Castings, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Castings wasn't on the list.
While Castings currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.