The Alumasc Group (LON:ALU) Stock Price Passes Above 50-Day Moving Average - Here's What Happened

The Alumasc Group plc (LON:ALU - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 353.05 ($4.79) and traded as high as GBX 395 ($5.36). The Alumasc Group shares last traded at GBX 395 ($5.36), with a volume of 333,466 shares traded.

The Alumasc Group Stock Down 1.3%

The stock has a fifty day moving average of GBX 354.08 and a 200-day moving average of GBX 331.78. The firm has a market capitalization of £133.38 million, a price-to-earnings ratio of 15.32 and a beta of 0.90. The company has a current ratio of 1.66, a quick ratio of 1.19 and a debt-to-equity ratio of 58.17.

About The Alumasc Group

Alumasc is a UK-based supplier of premium building products, systems and solutions. Almost 80% of group sales are driven by building regulations and specifications (architects and structural engineers) because of the performance characteristics offered. Over 90% of group sales relate to one or more of the following long-term strategic growth drivers: Energy management, Water management, Bespoke architectural solutions and Ease of construction (including off-site construction) Our strategy is enabling us to outperform the UK construction market, and we are leveraging this through growth in export sales.