Arcontech Group (LON:ARC) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Arcontech Group plc (LON:ARC) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 108.62 ($1.36) and traded as high as GBX 121.50 ($1.52). Arcontech Group shares last traded at GBX 121.50 ($1.52), with a volume of 4,500 shares.

Arcontech Group Stock Performance

The business has a fifty day moving average of GBX 118.65 and a 200-day moving average of GBX 108.62. The company has a market cap of £16.24 million, a PE ratio of 1,518.75 and a beta of 0.46. The company has a current ratio of 4.36, a quick ratio of 3.54 and a debt-to-equity ratio of 6.50.

Insider Transactions at Arcontech Group

In related news, insider Matthew Jeffs bought 50,000 shares of the business’s stock in a transaction dated Thursday, November 7th. The shares were purchased at an average price of GBX 120 ($1.50) per share, with a total value of £60,000 ($75,216.25). Corporate insiders own 54.50% of the company’s stock.

Arcontech Group Company Profile

Arcontech Group plc, together with its subsidiaries, develops and sells proprietary software in the United Kingdom, rest of Europe, Africa, North America, Australia, and the Asia Pacific. Its products include Excelerator Desktop that provides a graphical user interface, which integrates various internal and external real-time data sources into a single-screen format; CityVision, a market data platform for real-time data reception, transformation, and publishing; and CityVision Multi Vendor Contribution System that offers the ability to contribute data to various destinations, including Refinitiv, Bloomberg, ICE, and Six.