Genuit Group (LON:PLP) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Shares of Genuit Group plc (LON:PLPGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 567 ($7.58) and traded as low as GBX 564 ($7.54). Genuit Group shares last traded at GBX 567 ($7.58), with a volume of 261,641 shares.

Genuit Group Stock Performance

The firm’s fifty day moving average price is GBX 567 and its 200 day moving average price is GBX 567. The company has a current ratio of 1.33, a quick ratio of 0.89 and a debt-to-equity ratio of 14.33. The stock has a market capitalization of £1.40 billion and a price-to-earnings ratio of 67.50.

About Genuit Group

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Polypipe Group plc manufactures and sells plastic piping, and water and climate management systems in the United Kingdom, other European countries, and internationally. The company operates through two segments, Residential Systems, and Commercial and Infrastructure Systems. It offers above and below ground drainage, and rainwater drainage systems; plumbing tools and accessories, plastic plumbing fittings, and plumbing and heating pipes; underfloor heating products; and ventilation systems.

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