Arcontech Group (LON:ARC) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Arcontech Group plc (LON:ARC)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 108.62 ($1.36) and traded as high as GBX 121.50 ($1.52). Arcontech Group shares last traded at GBX 121.50 ($1.52), with a volume of 4,500 shares traded.

Arcontech Group Trading Up 0.4 %

The stock has a 50-day moving average of GBX 118.65 and a two-hundred day moving average of GBX 108.62. The company has a market cap of £16.24 million, a P/E ratio of 1,518.75 and a beta of 0.46. The company has a debt-to-equity ratio of 6.50, a quick ratio of 3.54 and a current ratio of 4.36.

Insider Activity

In other Arcontech Group news, insider Matthew Jeffs bought 50,000 shares of the business’s stock in a transaction on Thursday, November 7th. The shares were acquired at an average cost of GBX 120 ($1.50) per share, for a total transaction of £60,000 ($75,216.25). Corporate insiders own 54.50% of the company’s stock.

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.