Arcontech Group (LON:ARC) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Arcontech Group plc (LON:ARC) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 78.75 and traded as high as GBX 79.25. Arcontech Group shares last traded at GBX 79.25, with a volume of 12,299 shares traded.

Arcontech Group Stock Down 0.3%

The company has a quick ratio of 3.54, a current ratio of 4.43 and a debt-to-equity ratio of 4.29. The company’s fifty day simple moving average is GBX 80.25 and its 200 day simple moving average is GBX 78.75. The firm has a market capitalization of £10.60 million, a PE ratio of 12.97 and a beta of 0.26.

Arcontech Group Company Profile

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.