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Avingtrans (LON:AVG) Shares Cross Below 200 Day Moving Average - Should You Sell?

Avingtrans logo with Industrials background

Avingtrans plc (LON:AVG - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 392.75 ($4.81) and traded as low as GBX 387.11 ($4.74). Avingtrans shares last traded at GBX 390 ($4.77), with a volume of 12,495 shares trading hands.

Avingtrans Stock Up 1.2 %

The company has a market capitalization of £130.56 million, a PE ratio of 3,586.83 and a beta of 0.52. The company has a debt-to-equity ratio of 21.20, a quick ratio of 1.87 and a current ratio of 1.82. The firm has a fifty day simple moving average of GBX 391.14 and a 200-day simple moving average of GBX 392.75.

Avingtrans Company Profile

(Get Free Report)

Avingtrans plc has a proven strategy of “buy and build” in highly regulated engineering markets, a strategy it has named “Pinpoint-Invest-Exit”. Significant shareholder value is delivered through a clear strategy, a strong balance sheet and an agile and experienced management team. Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.

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