Chemring Group PLC (LON:CHG - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 468.36 ($6.32) and traded as high as GBX 546 ($7.37). Chemring Group shares last traded at GBX 535 ($7.22), with a volume of 854,503 shares traded.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 670 price objective on shares of Chemring Group in a research note on Tuesday, July 15th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of GBX 570.
Get Our Latest Analysis on Chemring Group
Chemring Group Stock Performance
The company has a market cap of £1.46 billion, a P/E ratio of 3,417.72, a P/E/G ratio of 1.99 and a beta of 0.68. The business has a fifty day simple moving average of GBX 546.56 and a 200 day simple moving average of GBX 472.98. The company has a debt-to-equity ratio of 27.42, a quick ratio of 0.71 and a current ratio of 1.22.
Chemring Group (LON:CHG - Get Free Report) last posted its quarterly earnings results on Tuesday, June 3rd. The company reported GBX 7 earnings per share (EPS) for the quarter. Chemring Group had a return on equity of 0.88% and a net margin of 0.64%. Analysts anticipate that Chemring Group PLC will post 24.8815166 earnings per share for the current fiscal year.
About Chemring Group
(
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We are a specialist manufacturing and technology business creating market-leading innovative solutions to meet our customers' complex needs.
Using our extensive science and engineering expertise, we turn ideas into reality, designing and developing critical solutions that protect and safeguard in unpredictable environments in today's increasingly unstable world.
We achieve this by innovating at every stage of the value chain, from research and development (“R&D”) through to design, manufacture and in-service support, working closely with our customers to deliver products, services and solutions for mission-critical success.
Our customer base spans national defence organisations, security and law enforcement agencies, as well as commercial markets such as space and transport.
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