Redcentric (LON:RCN) Shares Pass Above 200-Day Moving Average of $121.61

Shares of Redcentric plc (LON:RCN – Get Rating) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 121.61 ($1.48) and traded as high as GBX 138.20 ($1.68). Redcentric shares last traded at GBX 137.25 ($1.67), with a volume of 41,082 shares.

Redcentric Trading Down 0.7 %

The stock has a market capitalization of £214.47 million, a PE ratio of 2,745.00 and a beta of 0.12. The company has a current ratio of 0.47, a quick ratio of 0.34 and a debt-to-equity ratio of 94.72. The stock has a 50 day moving average price of GBX 136.66 and a 200-day moving average price of GBX 121.61.

About Redcentric

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Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers network services, including connectivity, software-defined wide area network (WAN), local area network, managed WAN, secure remote access, and managed wireless network services; and cloud services consisting of cloud consultancy and migration, infrastructure as a service, hybrid cloud, colocation, data backup, managed Microsoft 365, disaster recovery, platform as a service, and virtual desktop services.