Smiths News Plc (CNCT.L) (LON:CNCT) Shares Cross Above 50 Day Moving Average of $25.60

Smiths News Plc (CNCT.L) (LON:CNCT)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 25.60 ($0.32) and traded as high as GBX 26.40 ($0.33). Smiths News Plc (CNCT.L) shares last traded at GBX 25.60 ($0.32), with a volume of 16,586 shares trading hands.

Smiths News Plc (CNCT.L) Price Performance

The stock has a 50-day moving average price of GBX 25.60 and a 200-day moving average price of GBX 25.60. The company has a market capitalization of £63.41 million and a price-to-earnings ratio of -1.41.

About Smiths News Plc (CNCT.L)

Connect Group PLC, together with its subsidiaries, engages in the distribution of newspapers and mixed freight in the United Kingdom, Spain, France, Germany, the Netherlands, and internationally. The company operates through Smiths News and Tuffnells segments. The Smiths News segment distributes newspapers and magazines to 27,000 retailers from 39 distribution centers across England and Wales.