Armadale Capital (LON:ACP) Share Price Passes Above 50-Day Moving Average of $0.75

Armadale Capital Plc (LON:ACPGet Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 0.75 ($0.01) and traded as high as GBX 0.83 ($0.01). Armadale Capital shares last traded at GBX 0.80 ($0.01), with a volume of 639,140 shares.

Armadale Capital Trading Up 3.2 %

The company has a debt-to-equity ratio of 11.23, a current ratio of 4.33 and a quick ratio of 41.47. The business’s 50 day moving average price is GBX 0.75 and its 200-day moving average price is GBX 1.04. The firm has a market capitalization of £4.70 million, a price-to-earnings ratio of -17.75 and a beta of 1.01.

About Armadale Capital

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Armadale Capital Plc, an investment company, focuses on natural resources projects in Africa. It holds 100% interest in the Mahenge Liandu Graphite project located in Tanzania. The company was formerly known as Watermark Global Plc and changed its name to Armadale Capital Plc in July 2013. Armadale Capital Plc was incorporated in 2005 and is headquartered in Esher, the United Kingdom.

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