Caffyns (LON:CFYN) Stock Price Breaks Below Fifty Day Moving Average – Here’s Why

Caffyns plc (LON:CFYN – Get Free Report) crossed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of GBX 495.09 and traded as low as GBX 485. Caffyns shares last traded at GBX 519.30, with a volume of 7 shares.

Caffyns Stock Performance

The stock’s 50-day simple moving average is GBX 496.67 and its 200 day simple moving average is GBX 435.13. The company has a market capitalization of £13.23 million, a PE ratio of -10.28 and a beta of 0.79. The company has a debt-to-equity ratio of 48.98, a quick ratio of 0.25 and a current ratio of 1.03.

About Caffyns

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Caffyns plc operates as a motor vehicle retailer in the south-east of the United Kingdom. The company offers a range of new and used cars; and sells tires, oil, parts, and accessories, as well as provides aftersales, maintenance, and other services. It provides products of various brands, such as Audi, CUPRA, Lotus, MG, SEAT, Skoda, Vauxhall, Volkswagen and Volvo. Caffyns plc was founded in 1865 and is headquartered in Eastbourne, the United Kingdom.

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