Hornby (LON:HRN) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

Hornby PLC (LON:HRNGet Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 22.03 ($0.27) and traded as high as GBX 27 ($0.33). Hornby shares last traded at GBX 23.20 ($0.28), with a volume of 38,560 shares trading hands.

Hornby Stock Down 2.0 %

The firm’s 50 day simple moving average is GBX 23.15 and its 200 day simple moving average is GBX 22.09. The company has a market cap of £40.76 million, a price-to-earnings ratio of -342.86 and a beta of 0.61. The company has a quick ratio of 0.76, a current ratio of 1.17 and a debt-to-equity ratio of 74.58.

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.

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