Norish (LON:NSH) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Norish Plc (LON:NSHGet Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 175 ($2.27) and traded as low as GBX 175 ($2.27). Norish shares last traded at GBX 175 ($2.27), with a volume of 14,544 shares traded.

Norish Trading Up 775.0 %

The firm has a market cap of £52.62 million and a price-to-earnings ratio of 28.69. The company has a debt-to-equity ratio of 52.87, a quick ratio of 0.79 and a current ratio of 0.82. The business has a fifty day moving average of GBX 175 and a two-hundred day moving average of GBX 175.

About Norish

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Norish Plc, together with its subsidiaries, provides temperature controlled warehousing and logistics services to food manufacturers, importers, wholesalers, retailers, and distributors. The company operates through Product Sourcing Business, Temperature Controlled, and Dairy Farming segments. It offers bonded and cold storage, handling, blast freezing, de-vanning, picking and packing, and cross-docking and distribution services.

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