Gattaca (LON:GATC) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

Gattaca plc (LON:GATC)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 94.67 ($1.23) and traded as low as GBX 86 ($1.12). Gattaca shares last traded at GBX 89 ($1.15), with a volume of 18,322 shares.

Gattaca Trading Down 1.3 %

The company has a quick ratio of 1.51, a current ratio of 1.56 and a debt-to-equity ratio of 5.59. The stock has a market capitalization of £27.71 million, a P/E ratio of 1,780.00, a price-to-earnings-growth ratio of 0.47 and a beta of 2.14. The company has a fifty day simple moving average of GBX 94.67 and a two-hundred day simple moving average of GBX 92.75.

Gattaca Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, October 31st will be issued a dividend of GBX 2.50 ($0.03) per share. This represents a dividend yield of 2.81%. The ex-dividend date is Thursday, October 31st. Gattaca’s dividend payout ratio (DPR) is presently 6,000.00%.

About Gattaca

Gattaca plc, a human capital resources company, provides contract and permanent recruitment services in the private and public sectors. The company operates through eight segments: Mobility; Energy; Defence; Technology, Media, and Telecoms; Infrastructure; Gattaca Projects; International; and other. It offers flexible, permanent, and total workforce solutions; engineering, and technology support solutions; statement of work solutions; and technical recruitment, engineering and technology, and employer branding solutions, as well as analysis, design, technical authoring and publications, process engineering, systems, and IT and digital services.