Ocean Wilsons (LON:OCN) Shares Pass Below 200 Day Moving Average - What's Next?

Key Points

• Ocean Wilsons Holdings Limited shares fell below their 200-day moving average, with the stock trading as low as GBX 1,168.40 ($15.76) and currently priced at GBX 1,200 ($16.19).
• The company has a market capitalization of £529.09 million and a P/E ratio of 8.57, indicating it may be undervalued relative to earnings.
• Insider Leslie Rans sold 500 shares at an average price of GBX 1,241, highlighting ongoing insider activity as corporate insiders own 11.59% of the stock.

Shares of Ocean Wilsons Holdings Limited (LON:OCN - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,363.63 ($18.44) and traded as low as GBX 1,168.40 ($15.80). Ocean Wilsons shares last traded at GBX 1,200 ($16.23), with a volume of 45,203 shares traded.

Ocean Wilsons Trading Up 1.2%

The company has a market cap of £537.90 million, a PE ratio of 8.72 and a beta of 0.96. The stock's 50 day moving average is GBX 1,364.72 and its 200-day moving average is GBX 1,361.38. The company has a quick ratio of 2.96, a current ratio of 2.74 and a debt-to-equity ratio of 85.64.

Insider Transactions at Ocean Wilsons

In related news, insider Leslie Rans sold 500 shares of the company'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. 11.59% of the stock is currently owned by 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.