Laura Ashley (LON:ALY) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Laura Ashley Holdings plc (LON:ALY)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 0.39 ($0.01) and traded as low as GBX 0.39 ($0.01). Laura Ashley shares last traded at GBX 0.39 ($0.01), with a volume of 2,241,518 shares traded.

Laura Ashley Stock Performance

The firm has a market cap of £2.84 million and a P/E ratio of -0.17. The company has a current ratio of 1.07, a quick ratio of 0.28 and a debt-to-equity ratio of 466.88. The business’s fifty day simple moving average is GBX 0.39 and its 200-day simple moving average is GBX 0.39.

Laura Ashley Company Profile

Laura Ashley Holdings plc engages in retailing furniture, home accessories, decorating, and fashion products in the United Kingdom, Republic of Ireland, and France. It offers furniture for bedroom, living room, and kitchen and dining; sofas and armchairs; chandeliers, pendants, wall lights, table lamps, floor lamps, decorative lighting and accessories, and string lights, as well as lamp shades and bases; furniture, kitchen and bathroom, matt emulsion, and water based paints; and curtain, lining, PVC, and upholstery fabrics.