Churchill China (LON:CHH) Share Price Breaks Below 50 Day Moving Average – Here’s What Happened

Churchill China plc (LON:CHH)’s stock price passed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of GBX 366.51 and traded as low as GBX 362.50. Churchill China shares last traded at GBX 362.70, with a volume of 21,408 shares changing hands.

Churchill China Price Performance

The company has a debt-to-equity ratio of 3.56, a quick ratio of 2.22 and a current ratio of 5.62. The business’s 50 day simple moving average is GBX 366.51 and its 200-day simple moving average is GBX 359.87. The stock has a market capitalization of £40.00 million, a price-to-earnings ratio of 10.70, a price-to-earnings-growth ratio of 4.81 and a beta of 0.85.

Churchill China (LON:CHH) last posted its earnings results on Monday, September 7th. The company reported GBX 16.80 EPS for the quarter. Churchill China had a net margin of 4.96% and a return on equity of 6.05%. Research analysts anticipate that Churchill China plc will post 76.21 earnings per share for the current year.

About Churchill China

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. It offers its products to pubs and restaurants.