The Alumasc Group (LON:ALU) Stock Price Crosses Below 200 Day Moving Average - Time to Sell?

Key Points

• The Alumasc Group stock has crossed below its 200-day moving average, trading at GBX 342.30, indicating potential bearish sentiment.
• The company reported a net margin of 8.69% and a return on equity of 29.24% in its most recent earnings results.
• With a market cap of £123.09 million and a high price-to-earnings ratio of 1,352.96, investor concerns may arise about its valuation and growth prospects.

Shares of The Alumasc Group plc (LON:ALU - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 352.50 ($4.75) and traded as low as GBX 340 ($4.58). The Alumasc Group shares last traded at GBX 342.30 ($4.61), with a volume of 94,475 shares trading hands.

The Alumasc Group Stock Down 2.8%

The firm's 50 day moving average is GBX 346.57 and its two-hundred day moving average is GBX 352.50. The stock has a market cap of £123.09 million, a price-to-earnings ratio of 1,352.96 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 earnings results 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%. On average, sell-side analysts predict that The Alumasc Group plc will post 29.3908629 EPS for the current 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.

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