Northern Bear (LON:NTBR) Shares Cross Above 50 Day Moving Average – Here’s Why

Northern Bear PLC (LON:NTBR) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 112.56 and traded as high as GBX 126. Northern Bear shares last traded at GBX 122.02, with a volume of 43,129 shares changing hands.

Northern Bear Stock Down 2.4%

The stock’s fifty day moving average price is GBX 112.56 and its 200-day moving average price is GBX 121.52. The company has a market capitalization of £16.79 million, a price-to-earnings ratio of 4.12 and a beta of 0.14. The company has a quick ratio of 1.06, a current ratio of 1.13 and a debt-to-equity ratio of 8.31.

About Northern Bear

Northern Bear PLC, together with its subsidiaries, provides building and support services to local authorities, housing associations, NHS trusts, universities, construction companies, and national house builders in Northern England and internationally. It operates through three segments: Roofing Activities, Materials Handling Activities, and Specialist Building Services Activities. The company supplies, maintains, and services forklift trucks and warehouse equipment. It also offers roofing services, such as slating, tiling, leadwork, felting and general roof repairs, specialist leadwork, and refurbishment and maintenance services for domestic, commercial, and public sector properties.