Chemring Group (LON:CHG) Trading Down 0.3% – Time to Sell?

Chemring Group PLC (LON:CHG) shares traded down 0.3% during trading on Wednesday . The stock traded as low as GBX 365.50 ($4.64) and last traded at GBX 366.50 ($4.66). 653,861 shares were traded during trading, a decline of 15% from the average session volume of 769,795 shares. The stock had previously closed at GBX 367.50 ($4.67).

Chemring Group Price Performance

The firm has a fifty day simple moving average of GBX 362.95 and a 200 day simple moving average of GBX 379.87. The company has a market capitalization of £993.29 million, a PE ratio of 3,331.82, a P/E/G ratio of 1.99 and a beta of 0.68. The company has a debt-to-equity ratio of 22.77, a quick ratio of 0.71 and a current ratio of 1.27.

Chemring Group Company Profile

Chemring Group PLC provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally. The company offers sensors and information products, such as point chemical detector, sensor, JSLSCAD, and I-SCAD; miniature radar altimeter, R Visor, 3D radars, husky mounted detection system, groundshark, MDS-10, and groundhunters; resolve, locate, LOCATE-T, and viper products; and advisory, research, and design and engineering services.