Arcontech Group (LON:ARC) Shares Cross Above Two Hundred Day Moving Average of $102.87

Arcontech Group plc (LON:ARC) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 102.87 ($1.38) and traded as high as GBX 127.49 ($1.71). Arcontech Group shares last traded at GBX 123 ($1.65), with a volume of 94,701 shares.

Arcontech Group Price Performance

The company has a current ratio of 4.36, a quick ratio of 3.54 and a debt-to-equity ratio of 6.50. The company has a market capitalization of £16.71 million, a P/E ratio of 1,598.50 and a beta of 0.46. The firm’s 50 day moving average price is GBX 107.47 and its two-hundred day moving average price is GBX 103.01.

Arcontech Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, October 3rd will be paid a GBX 3.75 ($0.05) dividend. This is a positive change from Arcontech Group’s previous dividend of $3.50. This represents a yield of 3.83%. The ex-dividend date of this dividend is Thursday, October 3rd. Arcontech Group’s payout ratio is presently 5,000.00%.

About Arcontech Group

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.