Caffyns (LON:CFYN) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Caffyns plc (LON:CFYN)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 389.81 and traded as low as GBX 362.50. Caffyns shares last traded at GBX 362.50, with a volume of 904 shares trading hands.

Caffyns Stock Down 9.4%

The company has a market cap of £9.89 million, a P/E ratio of -14.44 and a beta of 0.79. The company has a 50 day moving average of GBX 389.81 and a 200-day moving average of GBX 424.68. The company has a debt-to-equity ratio of 47.37, a current ratio of 1.06 and a quick ratio of 0.25.

About Caffyns

Caffyns plc operates as a motor vehicle retailer in the south-east of the United Kingdom. The company offers a range of new and used cars; and sells tires, oil, parts, and accessories, as well as provides aftersales, maintenance, and other services. It provides products of various brands, such as Audi, CUPRA, Lotus, MG, SEAT, Skoda, Vauxhall, Volkswagen and Volvo. Caffyns plc was founded in 1865 and is headquartered in Eastbourne, the United Kingdom.