Billington (LON:BILN) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Billington Holdings Plc (LON:BILN) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 408.20 and traded as high as GBX 417.45. Billington shares last traded at GBX 410.10, with a volume of 8,214 shares changing hands.

Billington Stock Down 1.2%

The company has a debt-to-equity ratio of 2.38, a current ratio of 2.49 and a quick ratio of 0.89. The company has a fifty day moving average price of GBX 408.20 and a 200 day moving average price of GBX 388.24. The company has a market cap of £52.71 million, a PE ratio of 41.01 and a beta of 0.55.

Billington (LON:BILN) last announced its earnings results on Tuesday, April 21st. The company reported GBX 10.40 earnings per share for the quarter. Billington had a net margin of 1.39% and a return on equity of 2.61%. The business had revenue of GBX 9,569 million for the quarter. As a group, analysts anticipate that Billington Holdings Plc will post 54.222973 EPS for the current year.

Insider Transactions at Billington

In other news, insider Mark Smith sold 34,751 shares of Billington stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of GBX 390, for a total transaction of £135,528.90. Also, insider Dave Jones sold 2,445 shares of the company’s stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of GBX 390, for a total transaction of £9,535.50. Insiders have sold 64,759 shares of company stock valued at $25,256,010 in the last quarter. Insiders own 12.81% of the company’s stock.

Billington Company Profile

Billington Holdings Plc, through its subsidiaries, designs, manufactures, and installs structural steelworks in the United Kingdom and Europe. The company designs, fabricates, and installs bespoke steel staircases, balustrade systems, and secondary steelworks. It also provides safety solutions and barrier systems to the construction industry; edge protection and fall prevention systems; and site hoarding and branding systems. In addition, the company engages in the property rental and management services.