The Alumasc Group (LON:ALU) Stock Passes Above 50-Day Moving Average - Time to Sell?

Key Points

• Shares of The Alumasc Group plc (LON:ALU) have recently passed above their 50-day moving average, indicating a potential upward trend in stock performance.
• The company's market capitalization stands at £130.19 million, with a current ratio of 1.66 and a debt-to-equity ratio of 58.17.
• Insider Michael Leaf sold 90,000 shares at an average price of GBX 381, suggesting activity among corporate insiders, who collectively own 47.23% of the company.

The Alumasc Group plc (LON:ALU - Get Free Report) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 366.43 ($4.97) and traded as high as GBX 370 ($5.01). The Alumasc Group shares last traded at GBX 365 ($4.95), with a volume of 21,615 shares changing hands.

The Alumasc Group Stock Down 0.1%

The company has a market capitalization of £129.75 million, a P/E ratio of 14.91 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 stock has a 50 day moving average price of GBX 365.36 and a 200 day moving average price of GBX 351.41.

Insider Activity at The Alumasc Group

In other news, insider Michael Leaf sold 90,000 shares of the stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of GBX 381 ($5.16), for a total value of £342,900 ($464,760.10). Insiders own 47.23% of the company's stock.

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.