Touchstar (LON:TST) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Touchstar plc (LON:TST) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 80.94 and traded as high as GBX 85.50. Touchstar shares last traded at GBX 83, with a volume of 2 shares changing hands.

Touchstar Price Performance

The firm has a market capitalization of £6.57 million, a price-to-earnings ratio of -6.25 and a beta of 0.42. The company has a current ratio of 1.39, a quick ratio of 1.16 and a debt-to-equity ratio of 38.31. The business has a 50-day moving average price of GBX 80.94 and a two-hundred day moving average price of GBX 70.46.

Touchstar (LON:TST) last released its quarterly earnings data on Thursday, May 7th. The company reported GBX 3.83 earnings per share for the quarter. Touchstar had a negative net margin of 15.85% and a negative return on equity of 41.54%. The business had revenue of GBX 682 million for the quarter. As a group, research analysts forecast that Touchstar plc will post 11.3882863 EPS for the current year.

Insiders Place Their Bets

In related news, insider Lynden Jones purchased 13,125 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were bought at an average cost of GBX 80 per share, for a total transaction of £10,500. 55.28% of the stock is owned by insiders.

About Touchstar

TouchStar Technologies Ltd has been supplying turnkey data collection and mobile computing solutions for industrial and commercial applications since 1982.

Global leaders such as Coca Cola Enterprises, Wincanton Logistics, Ford Motor Company, GSK, Tata Steel, Calor Gas and Certas have benefited from a highly professional approach to project fulfilment.

Our solutions are always ‘fit for purpose’ and supported & maintained for decades, preserving and future-proofing your initial capital investment.