Laura Ashley (LON:ALY) Stock Passes Above 200-Day Moving Average – Time to Sell?

Shares of Laura Ashley Holdings plc (LON:ALY) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 changing hands.

Laura Ashley Trading Up 27.9 %

The company has a debt-to-equity ratio of 466.88, a quick ratio of 0.28 and a current ratio of 1.07. The firm has a 50-day moving average of GBX 0.39 and a 200-day moving average of GBX 0.39. The firm has a market capitalization of £2.84 million and a P/E ratio of -0.17.

About Laura Ashley

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.