Genuit Group (LON:PLP) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Genuit Group plc (LON:PLPGet Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 567 ($7.20) and traded as low as GBX 564 ($7.16). Genuit Group shares last traded at GBX 567 ($7.20), with a volume of 261,641 shares trading hands.

Genuit Group Price Performance

The company has a current ratio of 1.33, a quick ratio of 0.89 and a debt-to-equity ratio of 14.33. The stock has a market capitalization of £1.40 billion and a price-to-earnings ratio of 67.50. The stock has a 50-day moving average price of GBX 567 and a 200 day moving average price of GBX 567.

About Genuit Group

(Get Free Report)

Polypipe Group plc manufactures and sells plastic piping, and water and climate management systems in the United Kingdom, other European countries, and internationally. The company operates through two segments, Residential Systems, and Commercial and Infrastructure Systems. It offers above and below ground drainage, and rainwater drainage systems; plumbing tools and accessories, plastic plumbing fittings, and plumbing and heating pipes; underfloor heating products; and ventilation systems.

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