Robinson (LON:RBN) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Robinson plc (LON:RBNGet Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 107.41 ($1.31) and traded as high as GBX 107.50 ($1.32). Robinson shares last traded at GBX 101.63 ($1.24), with a volume of 2,117 shares trading hands.

Robinson Price Performance

The company’s 50 day simple moving average is GBX 104.54 and its two-hundred day simple moving average is GBX 107.41. The company has a debt-to-equity ratio of 39.31, a current ratio of 1.32 and a quick ratio of 1.41. The stock has a market capitalization of £17.09 million, a P/E ratio of 3,400.00 and a beta of 0.72.

Robinson Company Profile

(Get Free Report)

Robinson plc engages in the manufacture and sale of plastic and paperboard packaging products in the United Kingdom, Poland, Denmark, Holland, Hungary, Belgium, and internationally. It provides various plastic packaging products comprising HDPE and PP bottles, and PET bottles; pots, tubs, and containers; caps, closures, and over caps; various jars; and custom packaging services.

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