Autins Group (LON:AUTG) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Autins Group plc (LON:AUTG)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 15.40 and traded as low as GBX 14.50. Autins Group shares last traded at GBX 15, with a volume of 20 shares traded.

Autins Group Stock Down 3.4%

The firm has a market capitalization of £7.64 million, a PE ratio of 46.67 and a beta of 1.17. The firm’s 50-day moving average is GBX 15.40 and its 200 day moving average is GBX 11.81. The company has a debt-to-equity ratio of 78.47, a quick ratio of 1.80 and a current ratio of 1.09.

Autins Group (LON:AUTG) last announced its earnings results on Monday, June 29th. The company reported GBX 0.30 earnings per share (EPS) for the quarter. Autins Group had a negative net margin of 2.00% and a negative return on equity of 4.44%.

Insider Activity

In related news, insider Andrew (‘Andy’) Bloomer acquired 67,885 shares of the business’s stock in a transaction that occurred on Friday, July 3rd. The stock was purchased at an average cost of GBX 15 per share, for a total transaction of £10,182.75. 8.06% of the stock is owned by corporate insiders.

About Autins Group

Autins specialises in the design, manufacture and supply of acoustic and thermal insulation solutions primarily in the automotive sector but with an increasing focus on other sectors, including flooring, office interiors, PPE, medical, building and wider industrial applications.

Autins is a highly innovative and technically driven organisation. Following extensive efforts by our design engineers and the R&D and manufacturing teams we are now manufacturing safety face masks made using our patented lightweight micro-fibre, Neptune.