The Alumasc Group (LON:ALU) Stock Price Passes Below Fifty Day Moving Average - What's Next?

Shares of The Alumasc Group plc (LON:ALU - Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 367.64 ($5.05) and traded as low as GBX 365 ($5.01). The Alumasc Group shares last traded at GBX 366 ($5.03), with a volume of 91,198 shares.

The Alumasc Group Trading Down 2.0%

The business's 50-day simple moving average is GBX 367.64 and its 200-day simple moving average is GBX 339.01. The company has a market cap of £129.82 million, a PE ratio of 14.92 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.

Insider Buying and Selling at The Alumasc Group

In related news, insider Michael Leaf sold 90,000 shares of The Alumasc Group stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of GBX 381 ($5.23), for a total transaction of £342,900 ($470,887.12). Company 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.