ALS Ltd (ASX:ALQ)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $7.62 and traded as low as $8.11. ALS shares last traded at $8.18, with a volume of 1,416,803 shares.
The company has a market capitalization of $3.95 billion and a price-to-earnings ratio of 25.97. The company’s 50 day simple moving average is A$7.41 and its 200-day simple moving average is A$7.62. The company has a current ratio of 1.13, a quick ratio of 0.84 and a debt-to-equity ratio of 70.72.
In other news, insider Raj Naran purchased 14,983 shares of the firm’s stock in a transaction on Wednesday, July 10th. The shares were bought at an average cost of A$7.54 ($5.35) per share, with a total value of A$112,971.82 ($80,121.86).
ALS Limited provides analytical testing services in Australia, Canada, the United States, and internationally. The company's Life Sciences segment offers analytical testing and sampling, and remote monitoring services for the environmental, food, pharmaceutical, and consumer products markets. It provides analytical testing data to assist consulting and engineering firms, industries, and governments.
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