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

Key Points

• Ocean Wilsons Holdings Limited's stock has fallen below its **200-day moving average** of GBX 1,370.22 ($18.40), currently trading at GBX 1,110 ($14.91).
• The company has strong liquidity ratios with a **quick ratio of 2.96** and a **current ratio of 2.74**, indicating solid financial health despite recent stock price declines.
• Insider Leslie Rans sold **500 shares** at an average price of GBX 1,241 ($16.67), suggesting potential insider confidence issues among corporate stakeholders.

Ocean Wilsons Holdings Limited (LON:OCN - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,370.22 ($18.57) and traded as low as GBX 1,100 ($14.91). Ocean Wilsons shares last traded at GBX 1,110 ($15.04), with a volume of 309,052 shares changing hands.

Ocean Wilsons Trading Up 3.1%

The business's 50-day moving average price is GBX 1,395.21 and its two-hundred day moving average price is GBX 1,364.84. The company has a debt-to-equity ratio of 85.64, a current ratio of 2.74 and a quick ratio of 2.96. The firm has a market cap of £518.06 million, a price-to-earnings ratio of 8.40 and a beta of 0.96.

Insider Transactions at Ocean Wilsons

In other 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 ($16.82), for a total value of £6,205 ($8,410.14). 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.