Billington (LON:BILN) Shares Cross Below 200-Day Moving Average – Time to Sell?

Shares of Billington Holdings Plc (LON:BILN) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 342.58 and traded as low as GBX 338.55. Billington shares last traded at GBX 348.45, with a volume of 1,861 shares changing hands.

Billington Price Performance

The firm’s 50 day simple moving average is GBX 311.78 and its two-hundred day simple moving average is GBX 342.58. The company has a debt-to-equity ratio of 3.32, a current ratio of 1.99 and a quick ratio of 0.89. The firm has a market capitalization of £43.65 million, a P/E ratio of 7.60 and a beta of 0.76.

Billington (LON:BILN) last released its quarterly earnings data on Tuesday, September 30th. The company reported GBX 9.80 EPS for the quarter. Billington had a return on equity of 20.60% and a net margin of 7.88%. As a group, analysts predict that Billington Holdings Plc will post 54.222973 earnings per share for the current year.

Insider Activity at Billington

In other news, insider Trevor Taylor purchased 5,172 shares of the stock in a transaction that occurred on Tuesday, September 30th. The stock was bought at an average cost of GBX 285 per share, for a total transaction of £14,740.20. Also, insider Mark Smith purchased 5,172 shares of the business’s stock in a transaction on Monday, September 29th. The stock was purchased at an average cost of GBX 285 per share, for a total transaction of £14,740.20. Insiders own 12.16% of the company’s stock.

About Billington

Billington Holdings Plc, through its subsidiaries, designs, manufactures, and installs structural steelworks in the United Kingdom and Europe. The company designs, fabricates, and installs bespoke steel staircases, balustrade systems, and secondary steelworks. It also provides safety solutions and barrier systems to the construction industry; edge protection and fall prevention systems; and site hoarding and branding systems. In addition, the company engages in the property rental and management services.