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

Crimson Tide plc (LON:TIDE) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 95 and last traded at GBX 95, with a volume of 4 shares changing hands. The stock had previously closed at GBX 85.

Crimson Tide Stock Performance

The firm’s 50-day moving average price is GBX 80.07 and its two-hundred day moving average price is GBX 67.96. The company has a debt-to-equity ratio of 2.01, a quick ratio of 4.25 and a current ratio of 2.77. The stock has a market cap of £6.25 million, a price-to-earnings ratio of -6.11 and a beta of 0.58.

Crimson Tide (LON:TIDE) last issued its quarterly earnings data 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 expect that Crimson Tide plc will post 4.1029467 EPS for the current fiscal year.

About Crimson Tide

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.