Fiske (LON:FKE) Shares Cross Below 50-Day Moving Average – Should You Sell?

Fiske plc (LON:FKE) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 72.13 and traded as low as GBX 70. Fiske shares last traded at GBX 70.50, with a volume of 5,000 shares changing hands.

Fiske Stock Performance

The stock has a market cap of £8.87 million, a price-to-earnings ratio of 6.58 and a beta of 0.14. The business’s 50 day moving average is GBX 72.18 and its 200 day moving average is GBX 70.32. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.67 and a quick ratio of 2.04.

Fiske (LON:FKE) last posted its quarterly earnings results on Monday, October 20th. The company reported GBX 11.40 earnings per share for the quarter. Fiske had a return on equity of 9.08% and a net margin of 8.83%.

Insider Buying and Selling at Fiske

In other Fiske news, insider Tony R. Pattison bought 15,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were acquired at an average price of GBX 76 per share, with a total value of £11,400. Company insiders own 50.31% of the company’s stock.

About Fiske

In August 1973 Clive Harrison founded Fiske & Co Over half a century later the business is still thriving.
Fiske plc is a public company listed on the AIM Market and is one of the few remaining independent investment and wealth management firms in London. We provide a range of investment services to private, corporate and institutional clients including private investors, trustees, charities, pension funds and their professional advisers. We manage, or advise on, funds in excess of £900 million.
Fiske is London-based investment manager and stockbroker.