Hornby (LON:HRN) Shares Down 33.3% – What’s Next?

Hornby PLC (LON:HRN) shares traded down 33.3% on Thursday . The stock traded as low as GBX 6.40 ($0.08) and last traded at GBX 12.67 ($0.16). 259,766 shares changed hands during mid-day trading, an increase of 444% from the average session volume of 47,779 shares. The stock had previously closed at GBX 19 ($0.25).

Hornby Stock Down 33.3 %

The stock has a market cap of £21.52 million, a price-to-earnings ratio of -1.78 and a beta of 0.61. The company has a debt-to-equity ratio of 74.50, a quick ratio of 0.76 and a current ratio of 1.17. The firm’s 50-day simple moving average is GBX 22.84 and its two-hundred day simple moving average is GBX 21.93.

About Hornby

Hornby is a household name and is famous as the UK brand leader in the model railway hobby. The company’s founder was Frank Hornby who launched the first tinplate locomotive 100 years ago in 1920. In the group today there are many other famous brands – Scalextric, Airfix. Corgi, Humbrol, Triang and Rovex.