Hornby (LON:HRN) Shares Cross Above 200-Day Moving Average – Here’s Why

Hornby PLC (LON:HRNGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 22.03 ($0.27) and traded as high as GBX 27 ($0.33). Hornby shares last traded at GBX 23.20 ($0.28), with a volume of 38,560 shares trading hands.

Hornby Price Performance

The firm’s 50 day moving average is GBX 23.09 and its 200 day moving average is GBX 22.03. The firm has a market cap of £42.45 million, a P/E ratio of -357.00 and a beta of 0.61. The company has a debt-to-equity ratio of 74.58, a current ratio of 1.17 and a quick ratio of 0.76.

About Hornby

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Hornby is a household name and is famous as the UK brand leader in the model railway hobby. The company’s founder was Frank Hornby who launched the first tinplate locomotive 100 years ago in 1920. In the group today there are many other famous brands – Scalextric, Airfix. Corgi, Humbrol, Triang and Rovex.

Further Reading

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