Castings P.L.C. (LON:CGS - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 274.19 ($3.68) and traded as high as GBX 318 ($4.27). Castings shares last traded at GBX 314.30 ($4.22), with a volume of 121,391 shares trading hands.
Castings Stock Up 4.9%
The firm has a 50 day moving average of GBX 278.31 and a 200-day moving average of GBX 267.57. The company has a market cap of £145.54 million, a P/E ratio of 8.74 and a beta of 0.60.
Castings (LON:CGS - Get Free Report) last posted its quarterly earnings results on Wednesday, June 11th. The company reported GBX 9.60 ($0.13) earnings per share (EPS) for the quarter. Castings had a return on equity of 12.83% and a net margin of 7.45%. On average, research analysts predict that Castings P.L.C. will post 17.2492837 EPS for the current fiscal year.
About Castings
(
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.
Recommended Stories
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.