Bisichi (LON:BISI) Shares Cross Below 50 Day Moving Average – Should You Sell?

Bisichi PLC (LON:BISIGet Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 111.44 ($1.40) and traded as low as GBX 107.37 ($1.35). Bisichi shares last traded at GBX 114.40 ($1.43), with a volume of 741 shares trading hands.

Bisichi Stock Up 1.7 %

The company has a quick ratio of 1.03, a current ratio of 0.59 and a debt-to-equity ratio of 18.02. The firm has a 50 day moving average of GBX 111.44 and a 200 day moving average of GBX 99.22. The firm has a market cap of £12.22 million, a price-to-earnings ratio of 476.67 and a beta of -0.10.

Insider Activity

In related news, insider Clement Robin Parish purchased 5,000 shares of the firm’s stock in a transaction on Thursday, October 10th. The stock was purchased at an average cost of GBX 123 ($1.54) per share, with a total value of £6,150 ($7,713.53). 58.54% of the stock is currently owned by company insiders.

About Bisichi

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Bisichi PLC engages in the coal mining and processing activities in South Africa. The company owns an interest in the Black Wattle Colliery, a coal mining and washing operation located in Mpumulanga, South Africa. It is also involved in the retail property investment and residential property development activities in the United Kingdom, as well as share dealing business.

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