Abbey (LON:ABBY) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Abbey plc (LON:ABBY)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,600 ($20.89) and traded as low as GBX 1,575 ($20.57). Abbey shares last traded at GBX 1,600 ($20.89), with a volume of 83,347 shares traded.

Abbey Price Performance

The firm’s 50 day simple moving average is GBX 1,600 and its two-hundred day simple moving average is GBX 1,600. The company has a debt-to-equity ratio of 0.04, a current ratio of 7.22 and a quick ratio of 2.38. The firm has a market capitalization of £334.03 million and a P/E ratio of 12.79.

About Abbey

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.