Tristel (LON:TSTL) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Tristel plc (LON:TSTL) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 384.64 and traded as low as GBX 384.20. Tristel shares last traded at GBX 384.30, with a volume of 71,488 shares trading hands.

Tristel Stock Performance

The stock has a market capitalization of £184.20 million, a PE ratio of 27.79 and a beta of 0.22. The company has a debt-to-equity ratio of 17.36, a quick ratio of 3.83 and a current ratio of 4.13. The firm’s 50 day moving average is GBX 411.73 and its two-hundred day moving average is GBX 384.64.

Tristel (LON:TSTL) last issued its quarterly earnings results on Monday, March 2nd. The company reported GBX 9.36 EPS for the quarter. Tristel had a net margin of 15.88% and a return on equity of 23.64%. As a group, research analysts predict that Tristel plc will post 16.2974684 earnings per share for the current year.

Insider Buying and Selling at Tristel

In other news, insider Caroline Stephens bought 2,310 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were purchased at an average cost of GBX 389 per share, for a total transaction of £8,985.90. Insiders own 21.03% of the company’s stock.

About Tristel