Northbridge Industrial Services (LON:NBI) Shares Pass Above 200 Day Moving Average – What’s Next?

Northbridge Industrial Services plc (LON:NBIGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 198 ($2.65) and traded as high as GBX 201 ($2.69). Northbridge Industrial Services shares last traded at GBX 198 ($2.65), with a volume of 42,873 shares trading hands.

Northbridge Industrial Services Stock Performance

The business’s fifty day simple moving average is GBX 198 and its 200-day simple moving average is GBX 198. The company has a market capitalization of £55.64 million and a P/E ratio of -11.45. The company has a debt-to-equity ratio of 30.62, a quick ratio of 0.89 and a current ratio of 2.01.

About Northbridge Industrial Services

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Northbridge Industrial Services plc, together with its subsidiaries, manufactures, hires, and sells specialist industrial equipment in the United Kingdom, Continental Europe, North America, South America, Australia, New Zealand, the Middle East, and Asia. The company operates in two segments, Crestchic Loadbanks and Transformers, and Tasman Oil Tools.

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