Abbey (LON:ABBY) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Abbey plc (LON:ABBYGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,600 ($20.75) and traded as low as GBX 1,575 ($20.43). Abbey shares last traded at GBX 1,600 ($20.75), with a volume of 83,347 shares changing hands.

Abbey Stock Performance

The company has a quick ratio of 2.38, a current ratio of 7.22 and a debt-to-equity ratio of 0.04. The stock’s fifty day moving average is GBX 1,600 and its two-hundred day moving average is GBX 1,600. The firm has a market capitalization of £334.03 million and a price-to-earnings ratio of 12.79.

About Abbey

(Get Free Report)

Abbey plc, together with its subsidiaries, engages in the building and property development, plant hire, and property rental activities in the Republic of Ireland, the United Kingdom, and the Czech Republic. The company is involved in the residential housing and land development activities. It also engages in the hire, rental, sale, and maintenance of construction plant, vehicles, tools, and portable buildings.

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