Arcontech Group (LON:ARC) Stock Crosses Below 200-Day Moving Average – Here’s Why

Arcontech Group plc (LON:ARCGet Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 80.67 and traded as low as GBX 77.35. Arcontech Group shares last traded at GBX 77.35, with a volume of 4,700 shares changing hands.

Arcontech Group Stock Performance

The company’s 50-day moving average price is GBX 75.71 and its two-hundred day moving average price is GBX 80.67. The company has a debt-to-equity ratio of 4.29, a quick ratio of 3.54 and a current ratio of 4.43. The stock has a market cap of £10.34 million, a PE ratio of 12.66 and a beta of 0.26.

About Arcontech Group

(Get Free Report)

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.

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