Billington (LON:BILN) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Billington Holdings Plc (LON:BILN) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 408.20 and traded as high as GBX 417.45. Billington shares last traded at GBX 410.10, with a volume of 8,214 shares traded.

Billington Trading Down 1.2%

The company has a market cap of £52.71 million, a P/E ratio of 41.01 and a beta of 0.55. The company has a quick ratio of 0.89, a current ratio of 2.49 and a debt-to-equity ratio of 2.38. The firm’s 50-day moving average price is GBX 408.20 and its 200-day moving average price is GBX 388.24.

Billington (LON:BILN) last released its quarterly earnings data on Tuesday, April 21st. The company reported GBX 10.40 EPS for the quarter. Billington had a net margin of 1.39% and a return on equity of 2.61%. The company had revenue of GBX 9,569 million during the quarter. As a group, equities research analysts expect that Billington Holdings Plc will post 54.222973 earnings per share for the current fiscal year.

Insider Transactions at Billington

In related news, insider Dave Jones sold 2,445 shares of the business’s stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of GBX 390, for a total transaction of £9,535.50. Also, insider Mark Smith sold 34,751 shares of the stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of GBX 390, for a total value of £135,528.90. Insiders sold 64,759 shares of company stock valued at $25,256,010 over the last three months. Company insiders own 12.81% of the company’s stock.

About Billington

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.