Chamberlin (LON:CMH) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Chamberlin plc (LON:CMH)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1.25 ($0.02) and traded as low as GBX 1.10 ($0.01). Chamberlin shares last traded at GBX 1.15 ($0.01), with a volume of 181,401 shares trading hands.

Chamberlin Price Performance

The company has a debt-to-equity ratio of 6,517.24, a current ratio of 0.77 and a quick ratio of 0.42. The company has a market cap of £2.06 million, a PE ratio of -0.09 and a beta of 0.40. The business’s 50 day moving average is GBX 1.15 and its 200-day moving average is GBX 1.24.

Chamberlin Company Profile

Chamberlin plc, together with its subsidiaries, manufactures and sells iron castings and engineered products in the United Kingdom, Italy, Germany, rest of Europe, and internationally. It operates through two segments, Foundries and Engineering. The company offers grey iron castings for the automotive sector, hydraulic, and mechanical engineering applications; cast iron radiators and consumer products in fitness and cookware markets; and grey, ductile, and alloyed iron castings for a range of applications, including power generation, renewable energy, bearing housings, steelworks, construction, and compressors.