Bisichi (LON:BISI) Shares Cross Below Fifty Day Moving Average – What’s Next?

Shares of Bisichi PLC (LON:BISIGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-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 traded.

Bisichi Trading 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 company’s fifty day moving average price is GBX 111.55 and its two-hundred day moving average price is GBX 99.55. The firm has a market cap of £12.22 million, a PE ratio of 476.67 and a beta of -0.10.

Insider Activity at Bisichi

In other Bisichi news, insider Clement Robin Parish acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The shares were purchased at an average price of GBX 123 ($1.54) per share, with a total value of £6,150 ($7,706.77). 58.54% of the stock is owned by 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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