Arcontech Group (LON:ARC) Share Price Passes Below 200 Day Moving Average – Should You Sell?

Shares of Arcontech Group plc (LON:ARCGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 91.52 and traded as low as GBX 83.55. Arcontech Group shares last traded at GBX 85.70, with a volume of 8,135 shares traded.

Arcontech Group Price Performance

The business’s 50-day simple moving average is GBX 87.63 and its two-hundred day simple moving average is GBX 91.52. The stock has a market cap of £11.46 million, a price-to-earnings ratio of 12.21 and a beta of 0.46. The company has a debt-to-equity ratio of 6.51, a current ratio of 4.36 and a quick ratio of 3.54.

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.

Further Reading

Receive News & Ratings for Arcontech Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arcontech Group and related companies with MarketBeat.com's FREE daily email newsletter.