Murray International (LON:MYI) Stock Price Passes Above 50-Day Moving Average - Here's Why

Key Points

• Murray International shares have surpassed their 50-day moving average of GBX 289.18, recently trading at GBX 298.50 ($4.04) with a high of GBX 299.50 ($4.05).
• The company reported a net margin of 90.03% and earnings per share (EPS) of GBX 7.57 during its last quarterly earnings on August 15.
• Murray International's current market capitalization is approximately £1.78 billion, alongside a notable debt-to-equity ratio of 6.48.

Murray International (LON:MYI - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 289.18 ($3.91) and traded as high as GBX 299.50 ($4.05). Murray International shares last traded at GBX 298.50 ($4.04), with a volume of 830,045 shares traded.

Murray International Trading Up 0.6%

The firm has a 50-day moving average price of GBX 289.18 and a 200-day moving average price of GBX 275.34. The company has a debt-to-equity ratio of 6.48, a quick ratio of 0.70 and a current ratio of 11.36. The stock has a market cap of £1.78 billion, a PE ratio of 1,334.23 and a beta of 0.79.

Murray International (LON:MYI - Get Free Report) last posted its quarterly earnings results on Friday, August 15th. The company reported GBX 7.57 earnings per share (EPS) for the quarter. Murray International had a return on equity of 10.98% and a net margin of 90.03%.

About Murray International

A high conviction global portfolio built with the potential to grow capital and deliver a strong and rising income

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