Laura Ashley (LON:ALY) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Laura Ashley Holdings plc (LON:ALY) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.39 ($0.01) and traded as high as GBX 0.39 ($0.01). Laura Ashley shares last traded at GBX 0.39 ($0.01), with a volume of 2,241,518 shares trading hands.

Laura Ashley Trading Up 27.9 %

The firm has a market capitalization of £2.84 million and a P/E ratio of -0.17. The business’s 50 day moving average is GBX 0.39 and its two-hundred day moving average is GBX 0.39. The company has a quick ratio of 0.28, a current ratio of 1.07 and a debt-to-equity ratio of 466.88.

Laura Ashley Company Profile

Laura Ashley Holdings plc engages in retailing furniture, home accessories, decorating, and fashion products in the United Kingdom, Republic of Ireland, and France. It offers furniture for bedroom, living room, and kitchen and dining; sofas and armchairs; chandeliers, pendants, wall lights, table lamps, floor lamps, decorative lighting and accessories, and string lights, as well as lamp shades and bases; furniture, kitchen and bathroom, matt emulsion, and water based paints; and curtain, lining, PVC, and upholstery fabrics.