Autins Group (LON:AUTG) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Autins Group plc (LON:AUTG) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 15.05 and traded as low as GBX 13. Autins Group shares last traded at GBX 13.96, with a volume of 21 shares traded.

Autins Group Trading Up 7.7%

The firm has a market cap of £7.64 million, a price-to-earnings ratio of 46.67 and a beta of 1.17. The company has a fifty day moving average price of GBX 14.98 and a 200-day moving average price of GBX 12.36. The company has a current ratio of 1.09, a quick ratio of 1.80 and a debt-to-equity ratio of 78.47.

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

Insider Activity at Autins Group

In other news, insider Andrew (‘Andy’) Bloomer bought 67,885 shares of the business’s stock in a transaction dated Friday, July 3rd. The stock was purchased at an average cost of GBX 15 per share, with a total value of £10,182.75. 8.06% of the stock is owned by 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.