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Ocean Wilsons (LON:OCN) Stock Crosses Below 200 Day Moving Average - Should You Sell?

Ocean Wilsons logo with Industrials background

Key Points

  • Ocean Wilsons Holdings Limited's stock has dropped below its 200-day moving average of GBX 1,358.37, currently trading at GBX 1,200.
  • The company has a market capitalization of £535.70 million and a price-to-earnings ratio of 8.68, suggesting it may be undervalued.
  • Insider Leslie Rans sold 500 shares at an average price of GBX 1,241, indicating active insider trading activity with 11.59% of shares owned by insiders.
  • Looking to export and analyze Ocean Wilsons data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Ocean Wilsons Holdings Limited (LON:OCN - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,358.37 ($18.34) and traded as low as GBX 1,200 ($16.20). Ocean Wilsons shares last traded at GBX 1,200 ($16.20), with a volume of 39,996 shares.

Ocean Wilsons Stock Performance

The stock's 50-day simple moving average is GBX 1,344.73 and its 200-day simple moving average is GBX 1,358.37. The stock has a market cap of £535.70 million, a price-to-earnings ratio of 8.68 and a beta of 0.96. The company has a current ratio of 2.74, a quick ratio of 2.96 and a debt-to-equity ratio of 85.64.

Insider Transactions at Ocean Wilsons

In other Ocean Wilsons news, insider Leslie Rans sold 500 shares of the stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of GBX 1,241, for a total transaction of £6,205. 11.59% of the stock is owned by insiders.

About Ocean Wilsons

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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