Heavitree Brewery (LON:HVT) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

The Heavitree Brewery PLC (LON:HVT) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 221.31 and traded as low as GBX 220. Heavitree Brewery shares last traded at GBX 230, with a volume of 91 shares trading hands.

Heavitree Brewery Stock Up 4.5%

The firm has a market capitalization of £11.09 million, a price-to-earnings ratio of 4.24 and a beta of 0.53. The business’s 50-day simple moving average is GBX 221.31 and its two-hundred day simple moving average is GBX 220.56.

Heavitree Brewery (LON:HVT) last announced its quarterly earnings data on Thursday, February 19th. The company reported GBX 54.20 earnings per share for the quarter. Heavitree Brewery had a net margin of 35.04% and a return on equity of 10.75%.

Insider Buying and Selling at Heavitree Brewery

In related news, insider Nicola McLean sold 2,896 shares of Heavitree Brewery stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of GBX 190, for a total value of £5,502.40. Insiders have sold a total of 6,196 shares of company stock valued at $1,123,240 in the last ninety days. Insiders own 20.00% of the company’s stock.

Heavitree Brewery Company Profile

The Heavitree Brewery PLC engages in the development and operation of a leased and tenanted estate in England. It operates leased and tenanted pub and public houses. The company was founded in 1790 and is based in Exeter, the United Kingdom.