Churchill China (LON:CHH) Shares Cross Below 200-Day Moving Average – Time to Sell?

Shares of Churchill China plc (LON:CHHGet Free Report) passed 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 trading hands.

Churchill China Trading Up 2.9%

The firm has a market capitalization of £38.49 million, a P/E ratio of 8.82, a price-to-earnings-growth ratio of 4.81 and a beta of 0.79. The business’s 50-day moving average is GBX 337.35 and its 200 day moving average is GBX 348.04. The company has a debt-to-equity ratio of 4.03, a current ratio of 4.34 and a quick ratio of 2.22.

Churchill China (LON:CHHGet Free Report) last posted its quarterly earnings data on Monday, April 13th. The company reported GBX 39.70 earnings per share (EPS) for the quarter. The firm 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%. As a group, analysts anticipate that Churchill China plc will post 76.2128707 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Martin Payne purchased 3,000 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was acquired at an average cost of GBX 357 per share, for a total transaction of £10,710. Also, insider Michael Cunningham purchased 2,000 shares of Churchill China stock in a transaction that occurred on Friday, April 17th. The shares were bought at an average cost of GBX 358 per share, for a total transaction of £7,160. Insiders acquired 9,000 shares of company stock valued at $3,191,000 in the last quarter. Corporate insiders own 24.17% of the company’s stock.

Churchill China Company Profile

(Get Free Report)

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.

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