Churchill China (LON:CHH) Stock Passes Below 200-Day Moving Average – Here’s Why

Churchill China plc (LON:CHH) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 960.67 ($11.93) and traded as low as GBX 704.10 ($8.75). Churchill China shares last traded at GBX 704.10 ($8.75), with a volume of 4,356 shares changing hands.

Churchill China Price Performance

The business has a fifty day simple moving average of GBX 760.23 and a 200-day simple moving average of GBX 959.44. The stock has a market capitalization of £77.45 million, a P/E ratio of 991.69, a PEG ratio of 4.81 and a beta of 0.96. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.22 and a current ratio of 4.18.

Insiders Place Their Bets

In other news, insider Robin George Williams purchased 721 shares of the business’s stock in a transaction on Thursday, December 5th. The shares were acquired at an average price of GBX 774 ($9.61) per share, for a total transaction of £5,580.54 ($6,932.35). Also, insider Martin Payne acquired 1,000 shares of the firm’s stock in a transaction dated Thursday, October 17th. The shares were purchased at an average price of GBX 904 ($11.23) per share, with a total value of £9,040 ($11,229.81). Corporate insiders own 24.64% of the company’s stock.

Churchill China Company Profile

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.