Billington (LON:BILN) Hits New 12-Month High – Time to Buy?

Billington Holdings Plc (LON:BILN) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 420 and last traded at GBX 406.50, with a volume of 129606 shares trading hands. The stock had previously closed at GBX 405.

Billington Stock Up 0.4%

The business’s 50 day moving average price is GBX 407.83 and its 200-day moving average price is GBX 383.06. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.89 and a current ratio of 2.49. The firm has a market capitalization of £52.25 million, a PE ratio of 40.65 and a beta of 0.55.

Billington (LON:BILN) last posted 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 firm had revenue of GBX 9,569 million during the quarter. As a group, equities research analysts forecast that Billington Holdings Plc will post 54.222973 earnings per share for the current year.

Insider Activity

In related news, insider Dave Jones sold 2,445 shares of the business’s stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of GBX 390, for a total value of £9,535.50. Also, insider Trevor Taylor sold 27,563 shares of the stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of GBX 390, for a total value of £107,495.70. Over the last ninety days, insiders sold 64,759 shares of company stock valued at $25,256,010. 12.81% of the stock is currently owned by corporate insiders.

About Billington

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.