Arcontech Group (LON:ARC) Shares Pass Below 200-Day Moving Average – Time to Sell?

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 90.16 and traded as low as GBX 81. Arcontech Group shares last traded at GBX 84, with a volume of 28,260 shares changing hands.

Arcontech Group Stock Down 2.4%

The company has a debt-to-equity ratio of 6.51, a current ratio of 4.36 and a quick ratio of 3.54. The business has a 50 day simple moving average of GBX 83.94 and a 200 day simple moving average of GBX 90.16. The company has a market capitalization of £10.70 million, a price-to-earnings ratio of 11.40 and a beta of 0.46.

Arcontech Group (LON:ARCGet Free Report) last posted its earnings results on Thursday, February 5th. The company reported GBX 2.77 earnings per share (EPS) for the quarter. Arcontech Group had a return on equity of 13.37% and a net margin of 36.69%. As a group, equities analysts predict that Arcontech Group plc will post 5.8982684 earnings per share for the current fiscal year.

Insider Activity

In other Arcontech Group news, insider Matthew Jeffs acquired 20,000 shares of the stock in a transaction dated Thursday, February 5th. The stock was acquired at an average price of GBX 76 per share, with a total value of £15,200. Corporate insiders own 54.50% of the company’s stock.

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.

Featured Articles

Receive News & Ratings for Arcontech Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arcontech Group and related companies with MarketBeat.com's FREE daily email newsletter.