JLEN Environmental Assets Group (LON:JLEN) Stock Price Passes Below 50 Day Moving Average - Here's Why

Key Points

• JLEN Environmental Assets Group's share price fell below its 50-day moving average of GBX 79.42, trading as low as GBX 70.40 on Thursday.
• The stock had a market capitalization of £464.35 million and a significant P/E ratio of -3,347.62, indicating underlying challenges.
• As of the latest trading, shares were priced at GBX 71.20 with a trading volume of 1,410,668 shares.

JLEN Environmental Assets Group (LON:JLEN - )'s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 79.42 ($1.06) and traded as low as GBX 70.40 ($0.94). JLEN Environmental Assets Group shares last traded at GBX 71.20 ($0.95), with a volume of 1,410,668 shares trading hands.

JLEN Environmental Assets Group Stock Performance

The firm's 50-day simple moving average is GBX 79.42 and its 200 day simple moving average is GBX 76.41. The company has a market cap of £464.35 million, a P/E ratio of -3,347.62 and a beta of 0.29.

JLEN Environmental Assets Group Company Profile

John Laing Environmental Assets Group Limited is a fund of John Laing Capital Management Limited.

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