Churchill China (LON:CHH) Stock Price Down 20.7% - Here's What Happened

Churchill China plc (LON:CHH - Get Free Report) shares dropped 20.7% on Thursday . The company traded as low as GBX 405 ($5.44) and last traded at GBX 456 ($6.12). Approximately 135,765 shares changed hands during trading, an increase of 339% from the average daily volume of 30,941 shares. The stock had previously closed at GBX 575 ($7.72).

Churchill China Stock Performance

The company has a 50-day simple moving average of GBX 618 and a two-hundred day simple moving average of GBX 585.33. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.22 and a current ratio of 4.18. The firm has a market capitalization of £50.37 million, a P/E ratio of 6.44, a PEG ratio of 4.81 and a beta of 0.96.

Churchill China Company Profile

Churchill China plc manufactures and sells ceramic and related products in the United Kingdom, rest of Europe, the United States, and internationally. The company provides plates, bowls, trays and boards, crates and carriers, stands and risers, cookware, counter serving ware, cups, mugs, saucers, beverage pots, jugs, chip mugs, dip pots and sauce dishes, lids, glassware, cutlery, utensils, and accessories, as well as raw materials for the ceramics industry.