Arcontech Group (LON:ARC) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Arcontech Group plc (LON:ARCGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 79.51 and traded as low as GBX 77. Arcontech Group shares last traded at GBX 77.55, with a volume of 24,300 shares.

Arcontech Group Stock Down 3.5%

The company has a 50-day moving average price of GBX 78.39 and a 200 day moving average price of GBX 79.51. The firm has a market capitalization of £10.37 million, a PE ratio of 12.69 and a beta of 0.26. The company has a debt-to-equity ratio of 4.29, a current ratio of 4.43 and a quick ratio of 3.54.

About Arcontech Group

(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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