Sylvania Platinum (LON:SLP) Shares Pass Below 200-Day Moving Average - What's Next?

Sylvania Platinum Limited (LON:SLP - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 46.80 ($0.62) and traded as low as GBX 45 ($0.60). Sylvania Platinum shares last traded at GBX 45.80 ($0.61), with a volume of 252,063 shares traded.

Sylvania Platinum Stock Up 2.6%

The company has a debt-to-equity ratio of 0.35, a current ratio of 9.94 and a quick ratio of 15.92. The business has a 50 day simple moving average of GBX 49.88 and a 200 day simple moving average of GBX 46.77. The stock has a market cap of £151.68 million, a PE ratio of 22.02, a P/E/G ratio of 0.05 and a beta of 0.38.

Sylvania Platinum (LON:SLP - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The company reported GBX 2.73 ($0.04) earnings per share for the quarter. Sylvania Platinum had a return on equity of 2.82% and a net margin of 8.55%. On average, equities research analysts forecast that Sylvania Platinum Limited will post 3.8694929 EPS for the current fiscal year.

About Sylvania Platinum

Sylvania Platinum is a rapidly expanding low-cost PGMs producer listed on the London Stock Exchange's Alternative Investment Market AIM: SLP. Sylvania is a mid-tier, lower unit cost Platinum Group Metal (PGM)minerals reprocessing and development Company. Our operational arm, Sylvania Dump Operations (SDO), has six chrome beneficiation and PGM processing plants in the Eastern and Western limb of the Bushveld Igneous Complex (BIC).