Churchill China (LON:CHH) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Churchill China plc (LON:CHH)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 335.09 and traded as high as GBX 343. Churchill China shares last traded at GBX 343, with a volume of 7,992 shares.

Churchill China Stock Performance

The business’s 50 day simple moving average is GBX 335.28 and its 200 day simple moving average is GBX 348.11. The company has a current ratio of 4.34, a quick ratio of 2.22 and a debt-to-equity ratio of 4.03. The company has a market cap of £38.51 million, a P/E ratio of 8.82, a PEG ratio of 4.81 and a beta of 0.80.

Churchill China (LON:CHH) last released its earnings results on Monday, April 13th. The company reported GBX 39.70 earnings per share for the quarter. Churchill China had a net margin of 5.72% and a return on equity of 7.14%. The company had revenue of GBX 7,628 million for the quarter. Sell-side analysts predict that Churchill China plc will post 76.2128707 earnings per share for the current fiscal year.

About Churchill China

Churchill China plc manufactures and sells ceramic and related products in the United Kingdom, rest of Europe, the United States, and internationally. The company provides plates, bowls, trays and boards, crates and carriers, stands and risers, cookware, counter serving ware, cups, mugs, saucers, beverage pots, jugs, chip mugs, dip pots and sauce dishes, lids, glassware, cutlery, utensils, and accessories, as well as raw materials for the ceramics industry. It offers its products to pubs and restaurants.