Stobart Group Limited (STOB.L) (LON:STOB) Share Price Passes Above 200 Day Moving Average – Here’s Why

Stobart Group Limited (STOB.L) (LON:STOB)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 34.50 ($0.44) and traded as high as GBX 37.45 ($0.48). Stobart Group Limited (STOB.L) shares last traded at GBX 34.50 ($0.44), with a volume of 1,230,571 shares traded.

Stobart Group Limited (STOB.L) Stock Down 4.4 %

The company has a current ratio of 0.45, a quick ratio of 0.33 and a debt-to-equity ratio of 226.59. The firm has a market capitalization of £215.60 million and a P/E ratio of -0.70. The stock’s 50-day simple moving average is GBX 34.50 and its 200-day simple moving average is GBX 34.50.

Stobart Group Limited (STOB.L) Company Profile

Stobart Group Limited operates in the aviation and energy business primarily in the United Kingdom, Europe, Ireland, and internationally. It operates through Stobart Aviation, Stobart Energy, Stobart Rail & Civils, Stobart Investments, and Stobart Non-Strategic Infrastructure segments. The Stobart Aviation segment engages in the operation of commercial airports and the provision of ground handling services.