Herald (LON:HRI) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Herald (LON:HRI) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,450.24 and traded as high as GBX 2,545.10. Herald shares last traded at GBX 2,525, with a volume of 126,191 shares.

Herald Price Performance

The firm’s 50-day moving average price is GBX 2,503.22 and its 200 day moving average price is GBX 2,450.94. The firm has a market cap of £1.22 billion, a P/E ratio of 37.23 and a beta of 0.88.

About Herald

Herald Investment Trust’s objective is to achieve capital appreciation through investments in smaller quoted companies in the areas of technology and communications.

Investments may be made across the world. The business activities of investee companies will include information technology, broadcasting, printing and publishing and the supply of equipment and services to these companies.