Devro plc (LON:DVO – Get Rating) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 252.62 ($3.08) and traded as high as GBX 328.50 ($4.00). Devro shares last traded at GBX 328 ($4.00), with a volume of 1,590,172 shares.
Analyst Upgrades and Downgrades
Separately, Shore Capital downgraded Devro to a “sell” rating in a research note on Monday, December 5th.
Devro Trading Up 0.2 %
The firm has a market capitalization of £549.24 million, a PE ratio of 1,929.41, a PEG ratio of 1.32 and a beta of 0.94. The company has a current ratio of 0.99, a quick ratio of 0.61 and a debt-to-equity ratio of 92.28. The business has a fifty day moving average price of GBX 316.01 and a two-hundred day moving average price of GBX 252.62.
Devro plc, together with its subsidiaries, manufactures and supplies collagen casings primarily in the United Kingdom. It offers edible and non-edible collagen casings, films, and plastic casings for use in the production of a range of sausages and other meat products. The company sells its products to food manufacturers through distributors and agents.
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