Stobart Group Limited (STOB.L) (LON:STOB) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Stobart Group Limited (STOB.L) (LON:STOB) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 34.50 ($0.45) and traded as high as GBX 37.45 ($0.49). Stobart Group Limited (STOB.L) shares last traded at GBX 34.50 ($0.45), with a volume of 1,230,571 shares changing hands.

Stobart Group Limited (STOB.L) Stock Performance

The company has a market capitalization of £215.60 million and a price-to-earnings ratio of -0.70. The company has a current ratio of 0.45, a quick ratio of 0.33 and a debt-to-equity ratio of 226.59. The business’s 50 day moving average price is GBX 34.50 and its two-hundred day moving average price is GBX 34.50.

About Stobart Group Limited (STOB.L)

Stobart Group Limited operates in the aviation and energy business primarily in the United Kingdom, Europe, Ireland, and internationally. It operates through Stobart Aviation, Stobart Energy, Stobart Rail & Civils, Stobart Investments, and Stobart Non-Strategic Infrastructure segments. The Stobart Aviation segment engages in the operation of commercial airports and the provision of ground handling services.