Arcontech Group (LON:ARC) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Arcontech Group plc (LON:ARC – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 78.90 and traded as high as GBX 80.70. Arcontech Group shares last traded at GBX 77, with a volume of 11,095 shares changing hands.

Arcontech Group Trading Up 1.9%

The company has a market cap of £10.83 million, a PE ratio of 13.26 and a beta of 0.26. The company’s 50 day simple moving average is GBX 79.44 and its two-hundred day simple moving average is GBX 78.88. The company has a debt-to-equity ratio of 4.29, a current ratio of 4.43 and a quick ratio of 3.54.

About Arcontech Group

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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.

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