Robinson (LON:RBN) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

by · The Cerbat Gem

Robinson plc (LON:RBNGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 124.37 and traded as low as GBX 115. Robinson shares last traded at GBX 120, with a volume of 170 shares changing hands.

Robinson Price Performance

The business’s 50-day moving average price is GBX 115.90 and its 200 day moving average price is GBX 124.29. The company has a market capitalization of £19.27 million, a P/E ratio of 8.46 and a beta of 0.06. The company has a quick ratio of 1.41, a current ratio of 1.49 and a debt-to-equity ratio of 31.25.

Robinson (LON:RBNGet Free Report) last released its quarterly earnings results on Friday, March 6th. The company reported GBX 13.10 EPS for the quarter. Robinson had a net margin of 4.05% and a return on equity of 8.96%. Analysts anticipate that Robinson plc will post 9.4014733 EPS for the current fiscal year.

About Robinson

(Get Free Report)

Robinson plc is a leading provider of innovative custom moulded plastic and rigid paperboard packaging.

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