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

Shares of Arcontech Group plc (LON:ARCGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 91.60 and traded as low as GBX 84.50. Arcontech Group shares last traded at GBX 86.50, with a volume of 12,669 shares changing hands.

Arcontech Group Stock Up 2.4%

The firm has a market cap of £11.57 million, a PE ratio of 12.32 and a beta of 0.46. The company has a current ratio of 4.36, a quick ratio of 3.54 and a debt-to-equity ratio of 6.51. The firm has a 50 day moving average price of GBX 88.80 and a 200-day moving average price of GBX 91.60.

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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