Billington (LON:BILN) Share Price Crosses Below 200-Day Moving Average – What’s Next?

by · The Cerbat Gem

Billington Holdings Plc (LON:BILN – Get Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 352.43 and traded as low as GBX 310. Billington shares last traded at GBX 319, with a volume of 40,618 shares.

Billington Stock Performance

The company has a market capitalization of £40.36 million, a PE ratio of 7.03 and a beta of 0.76. The firm has a 50-day moving average of GBX 302.59 and a two-hundred day moving average of GBX 352.43. The company has a quick ratio of 0.89, a current ratio of 1.99 and a debt-to-equity ratio of 3.32.

Billington (LON:BILN – Get Free Report) last released its quarterly earnings data on Tuesday, September 30th. The company reported GBX 9.80 EPS for the quarter. Billington had a return on equity of 20.60% and a net margin of 7.88%. Research analysts anticipate that Billington Holdings Plc will post 54.222973 EPS for the current year.

Insiders Place Their Bets

In other news, insider Trevor Taylor purchased 5,172 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The shares were bought at an average price of GBX 285 per share, for a total transaction of £14,740.20. Also, insider Mark Smith acquired 5,172 shares of the business’s stock in a transaction on Monday, September 29th. The stock was purchased at an average cost of GBX 285 per share, with a total value of £14,740.20. Corporate insiders own 12.16% of the company’s stock.

About Billington

(Get Free Report)

Billington Holdings Plc, through its subsidiaries, designs, manufactures, and installs structural steelworks in the United Kingdom and Europe. The company designs, fabricates, and installs bespoke steel staircases, balustrade systems, and secondary steelworks. It also provides safety solutions and barrier systems to the construction industry; edge protection and fall prevention systems; and site hoarding and branding systems.

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