Robinson (LON:RBN) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

Robinson plc (LON:RBNGet Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 107.41 ($1.31) and traded as low as GBX 101.63 ($1.24). Robinson shares last traded at GBX 101.63 ($1.24), with a volume of 2,117 shares changing hands.

Robinson Price Performance

The company has a current ratio of 1.32, a quick ratio of 1.41 and a debt-to-equity ratio of 39.31. The stock has a market cap of £17.09 million, a price-to-earnings ratio of 3,400.00 and a beta of 0.72. The company has a 50 day simple moving average of GBX 104.54 and a 200-day simple moving average of GBX 107.41.

About Robinson

(Get Free Report)

Robinson plc engages in the manufacture and sale of plastic and paperboard packaging products in the United Kingdom, Poland, Denmark, Holland, Hungary, Belgium, and internationally. It provides various plastic packaging products comprising HDPE and PP bottles, and PET bottles; pots, tubs, and containers; caps, closures, and over caps; various jars; and custom packaging services.

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