Churchill China (LON:CHH) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Churchill China plc (LON:CHH)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 890.25 ($11.08) and traded as low as GBX 607.21 ($7.56). Churchill China shares last traded at GBX 610 ($7.59), with a volume of 2,258 shares changing hands.

Churchill China Price Performance

The business’s fifty day simple moving average is GBX 683.39 and its 200-day simple moving average is GBX 890.25. The company has a current ratio of 4.18, a quick ratio of 2.22 and a debt-to-equity ratio of 1.10. The firm has a market cap of £67.10 million, a P/E ratio of 859.15, a PEG ratio of 4.81 and a beta of 0.96.

Insider Buying and Selling

In other news, insider Robin George Williams bought 721 shares of the stock in a transaction on Thursday, December 5th. The shares were acquired at an average cost of GBX 774 ($9.64) per share, for a total transaction of £5,580.54 ($6,947.88). 24.64% of the stock is currently owned by insiders.

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.