Sylvania Platinum (LON:SLP) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Sylvania Platinum Limited (LON:SLP) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 46.82 ($0.62) and traded as high as GBX 51 ($0.68). Sylvania Platinum shares last traded at GBX 50 ($0.66), with a volume of 156,407 shares traded.

Sylvania Platinum Price Performance

The company has a market capitalization of £161.36 million, a P/E ratio of 23.43, a PEG ratio of 0.05 and a beta of 0.38. The company has a quick ratio of 15.92, a current ratio of 9.94 and a debt-to-equity ratio of 0.35. The business has a 50 day simple moving average of GBX 49.50 and a 200-day simple moving average of GBX 46.82.

Sylvania Platinum (LON:SLP) last posted its earnings results on Tuesday, February 18th. The company reported GBX 2.73 ($0.04) earnings per share (EPS) for the quarter. Sylvania Platinum had a net margin of 8.55% and a return on equity of 2.82%. Analysts predict that Sylvania Platinum Limited will post 3.8694929 EPS for the current fiscal year.

About Sylvania Platinum

Sylvania Platinum is a rapidly expanding low-cost PGMs producer listed on the London Stock Exchange’s Alternative Investment Market (AIM: SLP).

Sylvania is a mid-tier, lower unit cost Platinum Group Metal (PGM)minerals reprocessing and development Company. Our operational arm, Sylvania Dump Operations (SDO), has six chrome beneficiation and PGM processing plants in the Eastern and Western limb of the Bushveld Igneous Complex (BIC).