Ingenta (LON:ING) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Ingenta plc (LON:ING) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 88.18 and traded as low as GBX 64. Ingenta shares last traded at GBX 68.90, with a volume of 84,260 shares changing hands.

Ingenta Stock Up 0.7%

The company’s 50-day moving average is GBX 65.17 and its 200-day moving average is GBX 87.84. The stock has a market capitalization of £10.49 million, a price-to-earnings ratio of 5.75 and a beta of 0.72.

About Ingenta

Ingenta provides mission critical software designed to solve the unique problems faced by information and content providers. We tailor our suite of industry-specific technology products to create robust solutions to digitally distribute content and to manage our customers IP and content requirements.

We support a full spectrum of clients ranging between global publishing giants and academic and trade publications, right through to prestigious NGO’s and established music record labels and multimedia companies.