Billington (LON:BILN) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Billington Holdings Plc (LON:BILNGet Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 342.58 and traded as low as GBX 338.55. Billington shares last traded at GBX 348.45, with a volume of 1,861 shares changing hands.

Billington Stock Performance

The company’s 50-day moving average price is GBX 311.78 and its 200 day moving average price is GBX 342.58. The stock has a market capitalization of £43.65 million, a PE ratio of 7.60 and a beta of 0.76. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.89 and a current ratio of 1.99.

Billington (LON:BILNGet Free Report) last released its quarterly earnings results on Tuesday, September 30th. The company reported GBX 9.80 earnings per share (EPS) for the quarter. Billington had a net margin of 7.88% and a return on equity of 20.60%. On average, equities research analysts expect that Billington Holdings Plc will post 54.222973 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Billington Company Profile

(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. In addition, the company engages in the property rental and management services.

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