The Alumasc Group (LON:ALU) Stock Price Crosses Below 200 Day Moving Average - What's Next?

Key Points

• The Alumasc Group's share price fell below its 200-day moving average of GBX 352.33 ($4.74), with the stock trading as low as GBX 350 ($4.71).
• 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.
• The firm's market cap is £125.34 million and its price-to-earnings ratio stands at 14.40, indicating its financial stability in a challenging market.

Shares of The Alumasc Group plc (LON:ALU - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 352.33 ($4.75) and traded as low as GBX 350 ($4.72). The Alumasc Group shares last traded at GBX 352.75 ($4.76), with a volume of 24,920 shares traded.

The Alumasc Group Stock Down 2.2%

The company has a debt-to-equity ratio of 58.17, a current ratio of 1.66 and a quick ratio of 1.19. The company has a market cap of £119.51 million, a price-to-earnings ratio of 13.73 and a beta of 0.90. The firm's 50 day simple moving average is GBX 361.68 and its 200-day simple moving average is GBX 353.35.

Insider Transactions at The Alumasc Group

In other The Alumasc Group 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. 47.23% of the stock is owned by corporate insiders.

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.