The Alumasc Group (LON:ALU) Shares Cross Below 200 Day Moving Average - Should You Sell?

Key Points

• The Alumasc Group's stock price fell below its two hundred day moving average of GBX 353.36, trading as low as GBX 340 during Thursday's session.
• Insider Michael Leaf sold 90,000 shares at an average price of GBX 381, totaling £342,900, while insiders own 47.23% of the company's stock.
• Alumasc focuses on long-term growth drivers related to energy and water management, which make up over 90% of its sales, aiming to outperform the UK construction market.

The Alumasc Group plc (LON:ALU - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 353.36 ($4.79) and traded as low as GBX 340 ($4.61). The Alumasc Group shares last traded at GBX 342.45 ($4.64), with a volume of 34,784 shares.

The Alumasc Group Stock Down 0.4%

The firm has a market cap of £120.28 million, a PE ratio of 1,281.82 and a beta of 0.90. The company has a debt-to-equity ratio of 58.17, a quick ratio of 1.19 and a current ratio of 1.66. The firm's 50-day moving average price is GBX 359.14 and its two-hundred day moving average price is GBX 353.54.

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

Insider Buying and Selling

In related news, insider Michael Leaf sold 90,000 shares of the company's stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of GBX 381, for a total value of £342,900. 27.19% of the stock is currently owned by company insiders.

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.