Windar Photonics (LON:WPHO) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Windar Photonics PLC (LON:WPHO)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 50.17 and traded as low as GBX 32.25. Windar Photonics shares last traded at GBX 34, with a volume of 72,438 shares changing hands.

Windar Photonics Price Performance

The business has a fifty day simple moving average of GBX 42.70 and a two-hundred day simple moving average of GBX 50.17. The company has a current ratio of 5.65, a quick ratio of 0.26 and a debt-to-equity ratio of 11.57. The stock has a market cap of £32.77 million, a PE ratio of -22.67 and a beta of 2.04.

About Windar Photonics

Windar Photonics PLC, through its subsidiaries, develops and sells light detection and ranging sensors, and associated products for use on electricity generating wind turbines in Europe, China, and rest of Asia. It offers WindEYE and WindVISION sensors, which measure wind speed by scanning a laser beam ahead of the wind turbines. The company also provides WindTIMIZER that works as a mediator between the WindEYE and the wind turbine controller; and retrofit control system. Windar Photonics PLC was incorporated in 2014 and is based in London, the United Kingdom.