Blackmores (ASX:BKL) Shares Pass Above 50 Day Moving Average of $84.34
Shares of Blackmores Limited (ASX:BKL) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $84.34 and traded as high as $84.40. Blackmores shares last traded at $83.59, with a volume of 26,545 shares traded.
The stock’s 50-day moving average is A$84.33 and its 200-day moving average is A$87.61. The firm has a market capitalization of $1.45 billion and a price-to-earnings ratio of 27.03. The company has a current ratio of 2.03, a quick ratio of 1.12 and a debt-to-equity ratio of 57.52.
In other news, insider Christine Holman bought 1,000 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were purchased at an average price of A$64.90 ($46.03) per share, for a total transaction of A$64,900.00 ($46,028.37). Also, insider Marcus Blackmore 3,233 shares of the business’s stock in a transaction on Thursday, September 12th.
Blackmores Limited develops, sells, and markets natural health products for humans and animals in Australia, New Zealand, and Asia. The company offers vitamins, and herbal and mineral nutritional supplements. It also provides products for various conditions related to arthritis, joints, bones, and muscles; brain health; cold, flu, and immunity; digestive health; energy and exercise; everyday health; and eye health.
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