Tekcapital (LON:TEK) Stock Passes Above 50-Day Moving Average – Here’s Why

Shares of Tekcapital plc (LON:TEKGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 9.41 and traded as high as GBX 10.63. Tekcapital shares last traded at GBX 10.09, with a volume of 1,849,986 shares changing hands.

Tekcapital Stock Down 2.2%

The firm’s 50-day moving average price is GBX 9.41 and its two-hundred day moving average price is GBX 8.67. The firm has a market capitalization of £23.90 million, a PE ratio of 3.34 and a beta of 0.80.

Tekcapital Company Profile

(Get Free Report)

Tekcapital is a holding company that creates value from investing in new, university-developed discoveries that can enhance people’s lives. Tekcapital also provides a range of technology transfer services to help organisations evaluate and commercialise new technologies.

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