Northern Bear (LON:NTBR) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Shares of Northern Bear PLC (LON:NTBR) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 55.57 ($0.69) and traded as low as GBX 53.44 ($0.67). Northern Bear shares last traded at GBX 54.50 ($0.68), with a volume of 8,991 shares traded.

Northern Bear Stock Performance

The business’s 50-day simple moving average is GBX 54.97 and its 200 day simple moving average is GBX 55.57. The firm has a market cap of £7.49 million, a P/E ratio of 605.56 and a beta of 0.50. The company has a debt-to-equity ratio of 25.55, a quick ratio of 1.06 and a current ratio of 1.14.

Northern Bear (LON:NTBR) last released its earnings results on Friday, November 29th. The company reported GBX 8.40 ($0.10) earnings per share for the quarter. Northern Bear had a return on equity of 7.58% and a net margin of 2.36%. As a group, equities analysts predict that Northern Bear PLC will post 10.0925926 earnings per share for the current year.

About Northern Bear

Northern Bear PLC, together with its subsidiaries, provides building and support services to local authorities, housing associations, NHS trusts, universities, construction companies, and national house builders in Northern England and internationally. It operates through three segments: Roofing Activities, Materials Handling Activities, and Specialist Building Services Activities.