The Alumasc Group (LON:ALU) Stock Price Down 9.4% - What's Next?

Key Points

• The Alumasc Group plc experienced a significant decline in its stock price, dropping 9.4% to a low of GBX 296 ($3.95) during mid-day trading.
• The company's earnings per share (EPS) for the last quarter was GBX 29.90, with a net margin of 8.69% and a return on equity of 29.24%.
• Alumasc's market capitalization stands at £108.07 million and it has a debt-to-equity ratio of 58.17, indicating its financial leverage position.

The Alumasc Group plc (LON:ALU - Get Free Report)'s share price dropped 9.4% during mid-day trading on Friday . The company traded as low as GBX 296 ($3.95) and last traded at GBX 308.45 ($4.11). Approximately 137,835 shares changed hands during trading, an increase of 83% from the average daily volume of 75,478 shares. The stock had previously closed at GBX 340.50 ($4.54).

The Alumasc Group Price Performance

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 business's 50 day simple moving average is GBX 337.89 and its 200-day simple moving average is GBX 353.26. The stock has a market capitalization of £108.07 million, a price-to-earnings ratio of 11.88 and a beta of 0.90.

The Alumasc Group (LON:ALU - Get Free Report) last posted its earnings results on Tuesday, September 2nd. The company reported GBX 29.90 earnings per share (EPS) for the quarter. The Alumasc Group had a net margin of 8.69% and a return on equity of 29.24%. Research analysts anticipate that The Alumasc Group plc will post 29.3908629 earnings per share 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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