Arcontech Group (LON:ARC) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Arcontech Group plc (LON:ARCGet Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 78.81 and traded as high as GBX 82. Arcontech Group shares last traded at GBX 82, with a volume of 100 shares changing hands.

Arcontech Group Trading Down 0.5%

The company has a 50 day moving average of GBX 79.92 and a two-hundred day moving average of GBX 78.81. The company has a debt-to-equity ratio of 4.29, a quick ratio of 3.54 and a current ratio of 4.43. The stock has a market capitalization of £10.58 million, a PE ratio of 12.95 and a beta of 0.26.

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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