Northbridge Industrial Services (LON:NBI) Shares Pass Above 200 Day Moving Average of $178.98

Northbridge Industrial Services plc (LON:NBI – Get Rating) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 178.98 ($2.20) and traded as high as GBX 201 ($2.47). Northbridge Industrial Services shares last traded at GBX 198 ($2.43), with a volume of 42,873 shares traded.

Separately, Shore Capital restated a “house stock” rating on shares of Northbridge Industrial Services in a report on Monday, May 30th.

The company has a debt-to-equity ratio of 30.62, a quick ratio of 0.89 and a current ratio of 2.01. The company has a market cap of £55.64 million and a price-to-earnings ratio of -11.45. The stock’s fifty day moving average is GBX 193.62 and its two-hundred day moving average is GBX 179.21.

In other news, insider Nicholas Mills acquired 10,000 shares of the firm’s stock in a transaction on Wednesday, April 20th. The stock was purchased at an average price of GBX 190 ($2.33) per share, for a total transaction of £19,000 ($23,310.02).

Northbridge Industrial Services Company Profile (LON:NBI)

Northbridge Industrial Services plc, together with its subsidiaries, manufactures, hires, and sells specialist industrial equipment in the United Kingdom, Continental Europe, North America, South America, Australia, New Zealand, the Middle East, and Asia. The company operates in two segments, Crestchic Loadbanks and Transformers, and Tasman Oil Tools.

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