Touchstar (LON:TST) Share Price Passes Below Fifty Day Moving Average – Here’s Why

Touchstar plc (LON:TST) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 68.64 and traded as low as GBX 61. Touchstar shares last traded at GBX 64.79, with a volume of 7,709 shares changing hands.

Touchstar Price Performance

The company has a fifty day simple moving average of GBX 68.64 and a 200 day simple moving average of GBX 77.64. The stock has a market capitalization of £5.13 million, a price-to-earnings ratio of 155.01 and a beta of 1.26. The company has a debt-to-equity ratio of 5.86, a quick ratio of 1.16 and a current ratio of 1.81.

Insider Buying and Selling

In other news, insider Lynden Jones bought 7,804 shares of the firm’s stock in a transaction on Tuesday, January 20th. The stock was acquired at an average price of GBX 62 per share, with a total value of £4,838.48. 55.28% of the stock is owned by insiders.

Touchstar Company Profile

TouchStar Technologies Ltd has been supplying turnkey data collection and mobile computing solutions for industrial and commercial applications since 1982.

Global leaders such as Coca Cola Enterprises, Wincanton Logistics, Ford Motor Company, GSK, Tata Steel, Calor Gas and Certas have benefited from a highly professional approach to project fulfilment.

Our solutions are always ‘fit for purpose’ and supported & maintained for decades, preserving and future-proofing your initial capital investment.