McBride (LON:MCB) Stock Crosses Above 200 Day Moving Average – Time to Sell?

McBride plc (LON:MCBGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 151.63 and traded as high as GBX 157.01. McBride shares last traded at GBX 156.20, with a volume of 142,138 shares.

McBride Price Performance

The company has a debt-to-equity ratio of 145.77, a current ratio of 0.95 and a quick ratio of 0.54. The company has a market capitalization of £279.19 million, a P/E ratio of 9.67, a price-to-earnings-growth ratio of -0.36 and a beta of 1.47. The firm’s 50-day moving average is GBX 157.42 and its 200-day moving average is GBX 151.84.

Insiders Place Their Bets

In related news, insider Christopher Ian Charles Smith sold 246,450 shares of McBride stock in a transaction on Monday, June 15th. The stock was sold at an average price of GBX 145, for a total transaction of £357,352.50. Company insiders own 29.14% of the company’s stock.

About McBride

(Get Free Report)

With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end‑to‑end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.

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