Chemring Group (LON:CHG) Stock Passes Above 200-Day Moving Average - Here's What Happened

Chemring Group PLC (LON:CHG - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 405.48 ($5.47) and traded as high as GBX 565 ($7.62). Chemring Group shares last traded at GBX 559 ($7.54), with a volume of 583,215 shares changing hands.

Chemring Group Stock Down 0.5%

The company has a debt-to-equity ratio of 27.42, a current ratio of 1.22 and a quick ratio of 0.71. The company has a market capitalization of £1.50 billion, a PE ratio of 683.20, a P/E/G ratio of 1.99 and a beta of 0.68. The business has a 50-day moving average of GBX 507 and a 200 day moving average of GBX 409.29.

Chemring Group (LON:CHG - Get Free Report) last posted its earnings results on Tuesday, June 3rd. The company reported GBX 7 ($0.09) EPS for the quarter. Chemring Group had a return on equity of 0.88% and a net margin of 0.64%. Equities research analysts predict that Chemring Group PLC will post 24.8815166 earnings per share for the current year.

About Chemring Group

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.