Hornby (LON:HRN) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Hornby PLC (LON:HRNGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 22.19 ($0.28) and traded as high as GBX 22.78 ($0.29). Hornby shares last traded at GBX 20 ($0.25), with a volume of 16,194 shares traded.

Hornby Price Performance

The company has a quick ratio of 0.76, a current ratio of 1.17 and a debt-to-equity ratio of 74.50. The firm has a market cap of £37.37 million, a P/E ratio of -3.10 and a beta of 0.61. The business has a fifty day moving average of GBX 23 and a 200 day moving average of GBX 22.19.

Hornby Company Profile

(Get Free Report)

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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