Churchill China (LON:CHH) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Churchill China plc (LON:CHH) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 335.09 and traded as high as GBX 343. Churchill China shares last traded at GBX 343, with a volume of 7,992 shares traded.

Churchill China Stock Performance

The company has a debt-to-equity ratio of 4.03, a current ratio of 4.34 and a quick ratio of 2.22. The company has a market cap of £37.72 million, a P/E ratio of 8.64, a P/E/G ratio of 4.81 and a beta of 0.80. The business has a 50-day moving average of GBX 335.09 and a two-hundred day moving average of GBX 348.12.

Churchill China (LON:CHH) last issued its quarterly earnings results on Monday, April 13th. The company reported GBX 39.70 earnings per share (EPS) for the quarter. The company had revenue of GBX 7,628 million during the quarter. Churchill China had a net margin of 5.72% and a return on equity of 7.14%. On average, sell-side analysts predict that Churchill China plc will post 76.2128707 EPS for the current fiscal year.

Insider Transactions at Churchill China

In other news, insider Michael Cunningham acquired 2,000 shares of the company’s stock in a transaction on Friday, April 17th. The shares were bought at an average price of GBX 358 per share, with a total value of £7,160. Also, insider Martin Payne purchased 3,000 shares of the business’s stock in a transaction on Friday, April 17th. The shares were purchased at an average cost of GBX 357 per share, for a total transaction of £10,710. Over the last three months, insiders bought 9,000 shares of company stock worth $3,191,000. Insiders own 24.17% of the company’s stock.

About Churchill China

Churchill China plc manufactures and sells ceramic and related products in the United Kingdom, rest of Europe, the United States, and internationally. The company provides plates, bowls, trays and boards, crates and carriers, stands and risers, cookware, counter serving ware, cups, mugs, saucers, beverage pots, jugs, chip mugs, dip pots and sauce dishes, lids, glassware, cutlery, utensils, and accessories, as well as raw materials for the ceramics industry. It offers its products to pubs and restaurants.