Ocean Wilsons (LON:OCN) Share Price Crosses Below 200-Day Moving Average - Time to Sell?

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.

Ocean Wilsons Holdings Limited (LON:OCN - Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,363.63 ($18.35) and traded as low as GBX 1,168.40 ($15.72). Ocean Wilsons shares last traded at GBX 1,200 ($16.14), with a volume of 45,203 shares.

Ocean Wilsons Stock Up 1.2%

The company has a market capitalization of £537.90 million, a P/E ratio of 8.72 and a beta of 0.96. The stock's fifty day moving average is GBX 1,359.62 and its 200 day moving average is GBX 1,360.55. 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 Activity at Ocean Wilsons

In related news, insider Leslie Rans sold 500 shares of the firm's stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of GBX 1,241, for a total value of £6,205. 11.59% of the stock is currently owned by corporate insiders.

About Ocean Wilsons

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.