Accrol Group (LON:ACRL) Stock Price Crosses Below 50 Day Moving Average of $32.22

Accrol Group Holdings plc (LON:ACRL – Get Rating)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 32.22 ($0.39) and traded as low as GBX 31.69 ($0.39). Accrol Group shares last traded at GBX 32.45 ($0.40), with a volume of 295,070 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “not rated” rating on shares of Accrol Group in a report on Tuesday, January 24th.

Accrol Group Trading Up 1.4 %

The company has a quick ratio of 0.35, a current ratio of 0.77 and a debt-to-equity ratio of 93.33. The firm has a market capitalization of £103.48 million, a P/E ratio of -19.44 and a beta of 1.01. The firm has a 50 day moving average of GBX 32.22 and a 200-day moving average of GBX 27.80.

Insider Transactions at Accrol Group

In related news, insider Gareth Jenkins sold 1,000,000 shares of the stock in a transaction on Monday, December 19th. The stock was sold at an average price of GBX 28 ($0.34), for a total value of £280,000 ($341,255.33). Company insiders own 8.72% of the company’s stock.

About Accrol Group

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Accrol Group Holdings plc engages in the soft tissue paper converting business in the United Kingdom and Europe. The company produces and sells private label toilet tissue, kitchen towels, and facial tissues, as well as biodegradable wet wipes. It serves discounters and grocery retailers. The company was founded in 1993 and is based in Blackburn, the United Kingdom.