Windar Photonics (LON:WPHO) Stock Passes Above 50 Day Moving Average – Here’s Why

Shares of Windar Photonics PLC (LON:WPHOGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 43.41 ($0.58) and traded as high as GBX 49 ($0.65). Windar Photonics shares last traded at GBX 48 ($0.64), with a volume of 100,000 shares changing hands.

Windar Photonics Price Performance

The company has a current ratio of 4.78, a quick ratio of 0.26 and a debt-to-equity ratio of 33.99. The company’s 50 day moving average is GBX 43.41 and its 200-day moving average is GBX 46.15. The firm has a market capitalization of £54.83 million, a price-to-earnings ratio of -424.74 and a beta of 1.29.

About Windar Photonics

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Windar Photonics PLC, through its subsidiaries, develops and sells light detection and ranging sensors, and associated products for use on electricity generating wind turbines in Europe, China, and rest of Asia. It offers WindEYE and WindVISION sensors, which measure wind speed by scanning a laser beam ahead of the wind turbines.

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