Robinson (LON:RBN) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Shares of Robinson plc (LON:RBN – Get Free Report) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 126.21 and traded as low as GBX 121.30. Robinson shares last traded at GBX 121.30, with a volume of 3,000 shares traded.

Robinson Stock Performance

The stock has a 50-day moving average of GBX 127.34 and a 200-day moving average of GBX 126.19. The firm has a market cap of £20.86 million, a price-to-earnings ratio of 11.75 and a beta of 0.08. The company has a debt-to-equity ratio of 32.70, a quick ratio of 1.41 and a current ratio of 1.49.

Robinson (LON:RBN – Get Free Report) last released its quarterly earnings results on Thursday, August 20th. The company reported GBX 4.80 earnings per share for the quarter. Robinson had a return on equity of 6.90% and a net margin of 3.10%. As a group, analysts anticipate that Robinson plc will post 9.40 EPS for the current fiscal year.

About Robinson

(Get Free Report)

Robinson plc is a leading provider of innovative custom moulded plastic and rigid paperboard packaging.

Further Reading

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