Arcontech Group (LON:ARC) Stock Crosses Below 200 Day Moving Average – What’s Next?

Arcontech Group plc (LON:ARC)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 90.16 and traded as low as GBX 81. Arcontech Group shares last traded at GBX 84, with a volume of 28,260 shares traded.

Arcontech Group Stock Down 2.4%

The firm has a market cap of £10.70 million, a PE ratio of 11.40 and a beta of 0.46. The company has a quick ratio of 3.54, a current ratio of 4.36 and a debt-to-equity ratio of 6.51. The business has a 50-day moving average price of GBX 83.94 and a two-hundred day moving average price of GBX 90.16.

Arcontech Group (LON:ARC) last released its earnings results on Thursday, February 5th. The company reported GBX 2.77 earnings per share (EPS) for the quarter. Arcontech Group had a return on equity of 13.37% and a net margin of 36.69%. On average, equities research analysts expect that Arcontech Group plc will post 5.8982684 EPS for the current year.

Insider Activity at Arcontech Group

In other news, insider Matthew Jeffs bought 20,000 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The shares were purchased at an average cost of GBX 76 per share, for a total transaction of £15,200. Corporate insiders own 54.50% of the company’s stock.

About Arcontech Group

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.