Avanti Communications Group (LON:AVN) Stock Crosses Above 200 Day Moving Average of $0.00

Avanti Communications Group PLC (LON:AVN)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $1.79. Avanti Communications Group shares last traded at $1.66, with a volume of 9,227 shares changing hands.

The firm has a market cap of $35.91 million and a P/E ratio of -0.72. The company has a debt-to-equity ratio of 83.68, a current ratio of 1.23 and a quick ratio of 0.70. The company’s 50 day moving average is GBX 1.73.

Avanti Communications Group Company Profile (LON:AVN)

Avanti Communications Group PLC, a satellite operator, provides Ka-band satellite data communications services in the United Kingdom, Europe, the Middle East, and Africa. The company offers manage broadband packages for consumers and businesses; flexible managed services on multiple platforms; PURE product that supports satellite based data communications application on vendor's Ka-band hub; and systems integration and solutions to government.

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