Arcontech Group (LON:ARC) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Arcontech Group plc (LON:ARCGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 90.88 and traded as low as GBX 82. Arcontech Group shares last traded at GBX 82, with a volume of 11,239 shares changing hands.

Arcontech Group Price Performance

The business has a 50-day moving average price of GBX 84.90 and a two-hundred day moving average price of GBX 90.88. The company has a quick ratio of 3.54, a current ratio of 4.36 and a debt-to-equity ratio of 6.51. The company has a market capitalization of £10.97 million, a price-to-earnings ratio of 11.68 and a beta of 0.46.

Arcontech Group Company Profile

(Get Free Report)

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.

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