Abbey (LON:ABBY) Shares Cross Below 200 Day Moving Average – Should You Sell?

Abbey plc (LON:ABBYGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,600 ($20.25) and traded as low as GBX 1,575 ($19.93). Abbey shares last traded at GBX 1,600 ($20.25), with a volume of 83,347 shares.

Abbey Trading Up 9,900.0 %

The firm has a market cap of £334.03 million and a P/E ratio of 12.79. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.38 and a current ratio of 7.22. The firm has a fifty day moving average of GBX 1,600 and a 200-day moving average of GBX 1,600.

Abbey Company Profile

(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.

Further Reading

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