Northbridge Industrial Services (LON:NBI) Stock Price Down 1.5% – What’s Next?

Shares of Northbridge Industrial Services plc (LON:NBI) traded down 1.5% during trading on Wednesday . The company traded as low as GBX 196.04 ($2.47) and last traded at GBX 198 ($2.50). 42,873 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 54,282 shares. The stock had previously closed at GBX 201 ($2.54).

Northbridge Industrial Services Price Performance

The company’s fifty day moving average is GBX 198 and its 200 day moving average is GBX 198. The company has a quick ratio of 0.89, a current ratio of 2.01 and a debt-to-equity ratio of 30.62. The firm has a market cap of £55.64 million and a price-to-earnings ratio of -11.45.

About Northbridge Industrial Services

Northbridge Industrial Services plc, together with its subsidiaries, manufactures, hires, and sells specialist industrial equipment in the United Kingdom, Continental Europe, North America, South America, Australia, New Zealand, the Middle East, and Asia. The company operates in two segments, Crestchic Loadbanks and Transformers, and Tasman Oil Tools.