McBride (LON:MCB) Shares Cross Above 200 Day Moving Average - Here's Why

Key Points

• Technical breakout: McBride shares crossed above their 200‑day moving average (200‑day MA GBX 137.98) on Thursday, trading as high as GBX 164.60 and last at GBX 160.20 on volume of 1,117,515 shares.
• Valuation and balance sheet: The stock has a market cap of £275.06M and a PE of 9.48, but shows weak liquidity and high leverage (quick ratio 0.54, current ratio 0.95, debt‑to‑equity 145.77).
• Earnings outlook: McBride reported quarterly EPS of GBX 10.80 with a ROE of 30.98%, and analysts expect approximately GBX 19.23 EPS for the current fiscal year.

McBride plc (LON:MCB - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 137.98 and traded as high as GBX 164.60. McBride shares last traded at GBX 160.20, with a volume of 1,117,515 shares changing hands.

McBride Price Performance

The business's 50-day simple moving average is GBX 150.26 and its 200-day simple moving average is GBX 137.98. The stock has a market cap of £275.06 million, a PE ratio of 9.48, a PEG ratio of -0.36 and a beta of 1.45. The company has a quick ratio of 0.54, a current ratio of 0.95 and a debt-to-equity ratio of 145.77.

McBride (LON:MCB - Get Free Report) last posted its earnings results on Tuesday, February 24th. The company reported GBX 10.80 earnings per share (EPS) for the quarter. McBride had a return on equity of 30.98% and a net margin of 3.20%. On average, research analysts expect that McBride plc will post 19.2307692 EPS for the current fiscal year.

About McBride

With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end‑to‑end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.

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