K3 Business Technology Group (LON:KBT) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

K3 Business Technology Group plc (LON:KBT)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 40 and traded as high as GBX 55. K3 Business Technology Group shares last traded at GBX 40, with a volume of 1,167,285 shares changing hands.

K3 Business Technology Group Stock Performance

The company has a market capitalization of £17.87 million, a price-to-earnings ratio of -7.23 and a beta of 0.83. The company has a debt-to-equity ratio of 8.64, a quick ratio of 0.94 and a current ratio of 0.74. The business’s 50 day moving average price is GBX 40 and its two-hundred day moving average price is GBX 50.86.

About K3 Business Technology Group

K3 Business Technology Group plc, together with its subsidiaries, provides computer software and consultancy services in the United Kingdom, the Netherlands, Ireland, rest of Europe, the Middle East, Asia, the United States, and internationally. It operates through K3 Products and Third-Party Solutions segments. The company offers K3 fashion, a concept-to-consumer solution; K3 pebblestone for small brand owners and retailers; K3 imagine, a unified retail commerce system; K3 MStore, an sale system that manages ticketing, sales, membership, fundraising, event planning, and email marketing; K3 Business Planning, an integrated module that enables enterprises to define multiple budgets for various business areas; K3 ViJi; Microsoft Cloud for Retail solution; and Business Central, an end-to-end solution for managing various business processes, as well as NexSys.