Herald (LON:HRI) Stock Crosses Below Fifty Day Moving Average of $2,130.49

Herald (LON:HRIGet Free Report)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 2,130.49 ($28.53) and traded as low as GBX 2,050 ($27.45). Herald shares last traded at GBX 2,085 ($27.92), with a volume of 73,056 shares trading hands.

Herald Stock Performance

The stock has a market capitalization of £1.10 billion, a price-to-earnings ratio of 615.04 and a beta of 0.88. The firm’s 50 day moving average is GBX 2,130.49 and its 200-day moving average is GBX 2,142.97.

Insider Buying and Selling at Herald

In related news, insider Christopher Metcalfe acquired 2,220 shares of the firm’s stock in a transaction dated Thursday, August 1st. The stock was acquired at an average price of GBX 2,263 ($30.30) per share, for a total transaction of £50,238.60 ($67,271.83). 5.37% of the stock is owned by corporate insiders.

About Herald

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Herald Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Herald Investment Management Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the technology, telecommunications, and multi-media sectors.

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