Hornby (LON:HRN) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Shares of Hornby PLC (LON:HRNGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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.

Hornby Stock Down 2.0 %

The firm has a 50-day moving average of GBX 23.15 and a two-hundred day moving average of GBX 22.09. The company has a current ratio of 1.17, a quick ratio of 0.76 and a debt-to-equity ratio of 74.58. The firm has a market capitalization of £40.76 million, a PE ratio of -342.86 and a beta of 0.61.

About Hornby

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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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