Arcontech Group (LON:ARC) Shares Cross Above 200 Day Moving Average – What’s Next?

Arcontech Group plc (LON:ARC) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 103.80 ($1.35) and traded as high as GBX 109 ($1.41). Arcontech Group shares last traded at GBX 109 ($1.41), with a volume of 17,550 shares.

Arcontech Group Stock Performance

The stock has a market cap of £14.57 million, a P/E ratio of 1,362.50 and a beta of 0.46. The firm has a 50 day moving average of GBX 114.35 and a two-hundred day moving average of GBX 103.80. The company has a debt-to-equity ratio of 6.50, a quick ratio of 3.54 and a current ratio of 4.36.

Arcontech Group Increases Dividend

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

Arcontech Group Company Profile

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.