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

Key Points

• Ocean Wilsons Holdings Limited's stock price dropped below its 200-day moving average of GBX 1,347.65, trading as low as GBX 1,170 on Monday.
• The company has a market cap of £335.24 million and a high PE ratio of 584.61, indicating significant trading volatility.
• Insider Leslie Rans sold 500 shares of Ocean Wilsons on July 29th at an average price of GBX 1,241, while around 31.16% of the stock is held by corporate insiders.

Ocean Wilsons Holdings Limited (LON:OCN - ) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,347.65 ($18.21) and traded as low as GBX 1,170 ($15.81). Ocean Wilsons shares last traded at GBX 1,185 ($16.02), with a volume of 66,478 shares.

Ocean Wilsons Trading Up 0.4%

The company has a market cap of £335.24 million, a PE ratio of 584.61 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. The company has a fifty day simple moving average of GBX 1,236.23 and a two-hundred day simple moving average of GBX 1,347.65.

Insider Transactions at Ocean Wilsons

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

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