Herald (LON:HRI) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Herald (LON:HRI) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,450.24 and traded as high as GBX 2,545.10. Herald shares last traded at GBX 2,525, with a volume of 126,191 shares trading hands.

Herald Trading Down 0.2%

The business has a 50 day moving average of GBX 2,500.70 and a two-hundred day moving average of GBX 2,450.24. The firm has a market cap of £1.21 billion, a P/E ratio of 36.85 and a beta of 0.88.

About Herald

Herald Investment Trust’s objective is to achieve capital appreciation through investments in smaller quoted companies in the areas of technology and communications.

Investments may be made across the world. The business activities of investee companies will include information technology, broadcasting, printing and publishing and the supply of equipment and services to these companies.