Crimson Tide (LON:TIDE) Sets New 12-Month High – Here’s Why

Crimson Tide plc (LON:TIDE) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 90 and last traded at GBX 80, with a volume of 2256 shares trading hands. The stock had previously closed at GBX 85.

Crimson Tide Trading Down 5.9%

The company has a quick ratio of 4.25, a current ratio of 2.77 and a debt-to-equity ratio of 2.01. The company has a market cap of £5.26 million, a P/E ratio of -5.14 and a beta of 0.58. The business has a 50-day moving average price of GBX 79.40 and a two-hundred day moving average price of GBX 67.61.

Crimson Tide (LON:TIDE) last posted its quarterly earnings results on Wednesday, November 19th. The company reported GBX 4.90 earnings per share (EPS) for the quarter. Crimson Tide had a negative return on equity of 1.14% and a negative net margin of 1.36%. On average, analysts predict that Crimson Tide plc will post 4.1029467 EPS for the current year.

Crimson Tide Company Profile

Crimson Tide plc provides mobility solutions and related software development services primarily in the United Kingdom and Ireland. It provides mpro5, a mobile business solution that provides software, Windows Azure cloud infrastructure, and installation and support, as well as job scheduling, alerting, and reporting services. The company is also involved in reselling third party software, and related development and support services. Crimson Tide plc was incorporated in 1911 and is based in Tunbridge Wells, the United Kingdom.