Zytronic (LON:ZYT) Shares Cross Below 200 Day Moving Average – Here’s Why

Zytronic plc (LON:ZYT)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 53.39 ($0.66) and traded as low as GBX 51 ($0.63). Zytronic shares last traded at GBX 51 ($0.63), with a volume of 78,730 shares.

Zytronic Trading Down 2.9 %

The firm’s fifty day simple moving average is GBX 52.42 and its 200 day simple moving average is GBX 53.37. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.28 and a current ratio of 9.03. The stock has a market capitalization of £5.08 million, a P/E ratio of -384.62 and a beta of 0.86.

Zytronic Company Profile

Zytronic is the developer and manufacturer of a unique range of internationally award-winning and patented touch sensor products, operating from three modern factories totaling 80,000ft2 near Newcastle-upon-Tyne in the United Kingdom.

Zytronic touch products employ an embedded sensing solution and are readily configurable to enable multi-user and multi-touch touch sensing sizes from five inches to ultra-large 85″, making them an ideal solution for system designers’ specific requirements, offering significant durability, environmental stability and optical enhancement benefits to touch interactivity for industrial, self-service and public access equipment.