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

Arcontech Group plc (LON:ARCGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 91.50 and traded as low as GBX 84.04. Arcontech Group shares last traded at GBX 84.04, with a volume of 13,116 shares trading hands.

Arcontech Group Stock Down 0.6%

The company has a current ratio of 4.36, a quick ratio of 3.54 and a debt-to-equity ratio of 6.51. The firm has a market capitalization of £11.10 million, a PE ratio of 11.82 and a beta of 0.46. The firm has a 50-day moving average of GBX 90.19 and a two-hundred day moving average of GBX 91.47.

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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