Castings P.L.C. (LON:CGS – Get Free Report)’s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 266.64 and traded as low as GBX 251. Castings shares last traded at GBX 251, with a volume of 30,300 shares trading hands.
Castings Price Performance
The company has a debt-to-equity ratio of 1.71, a quick ratio of 2.76 and a current ratio of 2.77. The company has a 50-day moving average price of GBX 265.61 and a 200-day moving average price of GBX 263.22. The firm has a market capitalization of £106.12 million, a P/E ratio of 22.11 and a beta of 0.28.
Castings Company Profile
Castings P.L.C. engages in the iron casting and machining activities. It operates through Foundry Operations and Machining Operations segments. The company offers ductile iron, spheroidal graphite iron, austempered ductile iron, SiMo, and Ni-resist castings. It also provides fertilising solution annealing, pearlitic quench and temper, temper softening, and austempering heat treatment services; automotive standard e-coat and powder coating, galvanising, plating, gas based surface treatment, and plastic and metal spray coating services; and assembly and insulation services.
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