Abbey (LON:ABBY) Stock Crosses Above 50-Day Moving Average – Time to Sell?

by · The Cerbat Gem

Abbey plc (LON:ABBY – Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,600 ($20.11) and traded as high as GBX 1,600 ($20.11). Abbey shares last traded at GBX 1,600 ($20.11), with a volume of 83,347 shares changing hands.

Abbey Stock Performance

The business’s fifty day moving average price is GBX 1,600 and its 200-day moving average price is GBX 1,600. The company has a debt-to-equity ratio of 0.04, a current ratio of 7.22 and a quick ratio of 2.38. The stock has a market capitalization of £334.03 million and a PE ratio of 12.79.

About Abbey

(Get Free Report)

Abbey plc, together with its subsidiaries, engages in the building and property development, plant hire, and property rental activities in the Republic of Ireland, the United Kingdom, and the Czech Republic. The company is involved in the residential housing and land development activities. It also engages in the hire, rental, sale, and maintenance of construction plant, vehicles, tools, and portable buildings.

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