Robinson (LON:RBN) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Robinson plc (LON:RBNGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 107.41 ($1.31) and traded as high as GBX 107.50 ($1.32). Robinson shares last traded at GBX 101.63 ($1.24), with a volume of 2,117 shares traded.

Robinson Trading Down 5.1 %

The stock has a market cap of £17.09 million, a P/E ratio of 3,400.00 and a beta of 0.72. 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 business’s fifty day simple moving average is GBX 104.54 and its 200 day simple moving average is GBX 107.41.

Robinson Company Profile

(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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