Robinson (LON:RBN) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Robinson plc (LON:RBNGet Free Report) shares crossed below 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 low as GBX 101.63 ($1.24). Robinson shares last traded at GBX 101.63 ($1.24), with a volume of 2,117 shares traded.

Robinson Trading Down 5.1 %

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 business’s 50-day moving average is GBX 104.54 and its two-hundred day moving average is GBX 107.41. The firm has a market cap 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.

Recommended Stories

Receive News & Ratings for Robinson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robinson and related companies with MarketBeat.com's FREE daily email newsletter.