Robinson (LON:RBN) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Robinson plc (LON:RBN) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 124.37 and traded as low as GBX 115. Robinson shares last traded at GBX 120, with a volume of 170 shares changing hands.

Robinson Stock Performance

The firm has a fifty day simple moving average of GBX 116.10 and a 200 day simple moving average of GBX 124.37. The company has a market cap of £19.27 million, a price-to-earnings ratio of 8.46 and a beta of 0.06. The company has a debt-to-equity ratio of 31.25, a current ratio of 1.49 and a quick ratio of 1.41.

Robinson (LON:RBN) last released its quarterly earnings data on Friday, March 6th. The company reported GBX 13.10 earnings per share for the quarter. Robinson had a return on equity of 8.96% and a net margin of 4.05%. On average, sell-side analysts expect that Robinson plc will post 9.4014733 earnings per share for the current fiscal year.

Robinson Company Profile

Robinson plc is a leading provider of innovative custom moulded plastic and rigid paperboard packaging.