McBride (LON:MCB) Stock Price Passes Above Two Hundred Day Moving Average of $72.57

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McBride plc (LON:MCB)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $72.57 and traded as high as $76.20. McBride shares last traded at $74.00, with a volume of 303,649 shares.

Separately, Peel Hunt restated a “hold” rating on shares of McBride in a research report on Tuesday, October 22nd. Four analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and an average target price of GBX 85 ($1.11).

The stock’s 50-day moving average is GBX 65.48 and its 200-day moving average is GBX 72.26. The stock has a market cap of $138.38 million and a P/E ratio of 18.00. The company has a current ratio of 1.09, a quick ratio of 0.68 and a debt-to-equity ratio of 211.37.

In related news, insider Jeffrey Nodland bought 110,000 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The stock was purchased at an average price of GBX 71 ($0.93) per share, for a total transaction of £78,100 ($102,051.48). Also, insider Christopher Ian Charles Smith bought 26,115 shares of the firm’s stock in a transaction that occurred on Monday, October 7th. The stock was bought at an average price of GBX 57 ($0.74) per share, with a total value of £14,885.55 ($19,450.61).

About McBride (LON:MCB)

McBride plc, together with its subsidiaries, manufactures and sells private label household and personal care products to retailers in the United Kingdom, other regions in Europe, and Asia. The company offers various household products, such as laundry products, including laundry powder tablets, liquid gels, and laundry liquid sachets; dishwashing products comprising washing up liquids and machine dishwashing powders, tablets, and gels; household cleaners consisting of bathroom, kitchen, glass, ceramic hobs, antibacterial, and multisurface cleaners; toilet cleaners and descaling products; and air freshener products, such as time release sprays, gel air fresheners, plug-in fresheners, sprays, diffusers, and candles.

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