Churchill China (LON:CHH) Stock Passes Below 200 Day Moving Average – What’s Next?

Churchill China plc (LON:CHH) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 348.04 and traded as low as GBX 340. Churchill China shares last traded at GBX 350, with a volume of 36,637 shares changing hands.

Churchill China Stock Up 2.9%

The company has a debt-to-equity ratio of 4.03, a quick ratio of 2.22 and a current ratio of 4.34. The stock has a 50 day moving average price of GBX 337.35 and a 200 day moving average price of GBX 348.04. The company has a market cap of £38.49 million, a P/E ratio of 8.82, a P/E/G ratio of 4.81 and a beta of 0.79.

Churchill China (LON:CHH) last announced its quarterly earnings data on Monday, April 13th. The company reported GBX 39.70 earnings per share for the quarter. Churchill China had a return on equity of 7.14% and a net margin of 5.72%.The business had revenue of GBX 7,628 million during the quarter. Research analysts expect that Churchill China plc will post 76.2128707 earnings per share for the current fiscal year.

Insider Transactions at Churchill China

In other Churchill China news, insider Martin Payne acquired 3,000 shares of Churchill China stock in a transaction dated Friday, April 17th. The stock was bought at an average price of GBX 357 per share, for a total transaction of £10,710. Also, insider Mark Moore acquired 1,000 shares of the stock in a transaction dated Friday, April 17th. The stock was acquired at an average cost of GBX 354 per share, for a total transaction of £3,540. Insiders purchased 9,000 shares of company stock valued at $3,191,000 in the last quarter. 24.17% of the stock is owned by company insiders.

Churchill China Company Profile

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.