Jubilee Metals Group PLC (LON:JLP – Get Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 6.56 ($0.08) and traded as low as GBX 6.33 ($0.08). Jubilee Metals Group shares last traded at GBX 6.34 ($0.08), with a volume of 3,482,527 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 13 ($0.17) price target on shares of Jubilee Metals Group in a report on Wednesday, October 11th.
The company has a market capitalization of £188.30 million, a price-to-earnings ratio of 580.00 and a beta of 1.60. The company has a debt-to-equity ratio of 6.94, a quick ratio of 1.15 and a current ratio of 1.26. The company’s fifty day simple moving average is GBX 5.74 and its two-hundred day simple moving average is GBX 6.56.
About Jubilee Metals Group
For more information, please visit: https://www.ferroalloynet.com/news/jubilee_metals_group_shares_pass_below_two_hundred_day_moving_average_of_656.html
