Arcontech Group (LON:ARC) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

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 91.41 and traded as low as GBX 85. Arcontech Group shares last traded at GBX 85.25, with a volume of 4,650 shares trading hands.

Arcontech Group Trading Down 0.2%

The company has a 50 day moving average of GBX 86.48 and a 200-day moving average of GBX 91.40. The company has a debt-to-equity ratio of 6.51, a quick ratio of 3.54 and a current ratio of 4.36. The stock has a market cap of £11.47 million, a price-to-earnings ratio of 12.22 and a beta of 0.46.

About Arcontech Group

(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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