Ocean Wilsons (LON:OCN) Share Price Passes Below 200 Day Moving Average - Here's Why

Key Points

• Ocean Wilsons Holdings Limited's shares have fallen below their 200-day moving average of GBX 1,319.25, trading at GBX 1,134.91 ($15.26) during recent trading.
• The company has a relatively high debt-to-equity ratio of 85.64 and a market capitalization of £321.26 million, with a P/E ratio of 123.89.
• Insider Leslie Rans sold 500 shares at an average price of GBX 1,241, indicating that 31.16% of stock is owned by insiders.

Ocean Wilsons Holdings Limited (LON:OCN - ) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,319.25 ($17.73) and traded as low as GBX 1,134.91 ($15.26). Ocean Wilsons shares last traded at GBX 1,134.91 ($15.26), with a volume of 22,617 shares changing hands.

Ocean Wilsons Trading Up 0.1%

The company has a debt-to-equity ratio of 85.64, a quick ratio of 2.96 and a current ratio of 2.74. The stock has a market capitalization of £321.26 million, a P/E ratio of 123.89 and a beta of 0.96. The stock has a 50-day moving average price of GBX 1,175.36 and a two-hundred day moving average price of GBX 1,319.25.

Insiders Place Their Bets

In other Ocean Wilsons news, insider Leslie Rans sold 500 shares of the business's stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of GBX 1,241, for a total transaction of £6,205. 31.16% of the stock is currently owned by company insiders.

Ocean Wilsons Company Profile

Ocean Wilsons Holdings Limited, an investment holding company, offers maritime and logistics services in Brazil. It operates in two segments, Maritime Services and Investments. The Maritime Services segment provides towage, ship agency, port terminals, offshore, logistics, and shipyard services. The Investments segment holds a portfolio of international investments.

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