ITE Group (LON:ITE) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

by · The Markets Daily

ITE Group plc (LON:ITE – Get Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 82.50 ($1.04) and traded as high as GBX 83.30 ($1.05). ITE Group shares last traded at GBX 82.50 ($1.04), with a volume of 643,581 shares.

ITE Group Stock Performance

The stock has a market cap of £611.84 million and a PE ratio of -91.67. The company has a debt-to-equity ratio of 44.28, a quick ratio of 0.51 and a current ratio of 0.67. The stock has a fifty day moving average price of GBX 82.50 and a 200 day moving average price of GBX 82.50.

ITE Group Company Profile

(Get Free Report)

ITE Group plc organizes trade exhibitions and conferences worldwide. The company serves various industrial sectors, such as building and interiors; food, drink, and hospitality; oil, gas, and energy; travel and tourism; transportation and logistics; security and protection; fashion, clothing, and textiles; engineering and industrial; electronic and electrical technology; healthcare and medical; mining; beauty and cosmetics; automotive; construction and machinery; paper, print, and packaging; agriculture; aerospace; books and publishing; business services; chemicals and coatings; cleaning and hygiene; education and careers; furniture; food ingredients and technology; IT and telecoms; jewelry; leisure and work boats; lighting; plastics; real estate; sport and leisure; and woodworking and forestry.

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