Chamberlin (LON:CMH) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Chamberlin plc (LON:CMHGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.29 ($0.02) and traded as low as GBX 1.10 ($0.01). Chamberlin shares last traded at GBX 1.15 ($0.02), with a volume of 181,401 shares changing hands.

Chamberlin Stock Down 3.7 %

The stock has a market cap of £2.06 million, a PE ratio of -0.09 and a beta of 0.40. The business has a 50 day moving average of GBX 1.15 and a 200-day moving average of GBX 1.29. The company has a current ratio of 0.77, a quick ratio of 0.42 and a debt-to-equity ratio of 6,517.24.

About Chamberlin

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Chamberlin plc, together with its subsidiaries, manufactures and sells iron castings and engineered products in the United Kingdom, Italy, Germany, rest of Europe, and internationally. It operates through two segments, Foundries and Engineering. The company offers grey iron castings for the automotive sector, hydraulic, and mechanical engineering applications; cast iron radiators and consumer products in fitness and cookware markets; and grey, ductile, and alloyed iron castings for a range of applications, including power generation, renewable energy, bearing housings, steelworks, construction, and compressors.

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