Chemring Group (LON:CHG) Stock Passes Above 200 Day Moving Average – Time to Sell?

Shares of Chemring Group PLC (LON:CHG) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 382.03 ($4.99) and traded as high as GBX 385 ($5.03). Chemring Group shares last traded at GBX 378.50 ($4.94), with a volume of 920,847 shares trading hands.

Chemring Group Stock Performance

The stock has a market cap of £1.03 billion, a price-to-earnings ratio of 3,440.91, a P/E/G ratio of 1.99 and a beta of 0.68. The company’s fifty day simple moving average is GBX 384.57 and its two-hundred day simple moving average is GBX 382.19. The company has a debt-to-equity ratio of 22.77, a current ratio of 1.27 and a quick ratio of 0.71.

About Chemring Group

Chemring Group PLC provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally. The company offers sensors and information products, such as point chemical detector, sensor, JSLSCAD, and I-SCAD; miniature radar altimeter, R Visor, 3D radars, husky mounted detection system, groundshark, MDS-10, and groundhunters; resolve, locate, LOCATE-T, and viper products; and advisory, research, and design and engineering services.