Firstwave Cloud Technology (ASX:FCT) Stock Price Down 3.1%

Firstwave Cloud Technology Ltd (ASX:FCT) fell 3.1% during mid-day trading on Friday . The stock traded as low as A$0.14 ($0.10) and last traded at A$0.16 ($0.11), 578,325 shares were traded during trading. The stock had previously closed at A$0.16 ($0.11).

The firm has a market capitalization of $48.99 million and a price-to-earnings ratio of -3.44. The company has a 50-day moving average price of A$0.16 and a 200-day moving average price of A$0.21. The company has a quick ratio of 1.23, a current ratio of 1.44 and a debt-to-equity ratio of 0.06.

In related news, insider John Grant 4,200,000 shares of Firstwave Cloud Technology stock in a transaction dated Thursday, December 19th.

Firstwave Cloud Technology Company Profile (ASX:FCT)

Firstwave Cloud Technology Limited engages in the development and sale of Internet security software to businesses, enterprises, and government organizations in Australia and internationally. It offers FirstWave cloud content security gateway, cloud email security, cloud Web security, cloud next generation firewall, and cloud integration services.

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