The Alumasc Group (LON:ALU) Share Price Passes Below 200-Day Moving Average - Here's Why

Key Points

• The Alumasc Group's share price fell below its 200-day moving average, trading at GBX 301 ($4.07) after hitting a low of GBX 300 ($4.06).
• The company reported an earnings per share (EPS) of GBX 29.90 for the last quarter, with analysts expecting an annual EPS of approximately 29.39.
• Alumasc's business is largely driven by building regulations and specifications, with over 90% of sales related to long-term strategic growth drivers like energy and water management.

The Alumasc Group plc (LON:ALU - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 351.91 ($4.77) and traded as low as GBX 300 ($4.07). The Alumasc Group shares last traded at GBX 301 ($4.08), with a volume of 45,480 shares trading hands.

The Alumasc Group Price Performance

The company's 50 day moving average price is GBX 349.85 and its 200-day moving average price is GBX 351.59. The company has a market capitalization of £114.62 million, a PE ratio of 1,259.88 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.

The Alumasc Group (LON:ALU - Get Free Report) last announced its quarterly earnings data on Tuesday, September 2nd. The company reported GBX 29.90 earnings per share (EPS) for the quarter. The Alumasc Group had a net margin of 8.69% and a return on equity of 29.24%. On average, sell-side analysts forecast that The Alumasc Group plc will post 29.3908629 earnings per share for the current fiscal year.

The Alumasc Group Company Profile

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.