Arcontech Group (LON:ARC) Stock Crosses Above 200 Day Moving Average – Here’s Why

Arcontech Group plc (LON:ARC)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 79.22 and traded as high as GBX 81. Arcontech Group shares last traded at GBX 77.62, with a volume of 18,110 shares traded.

Arcontech Group Stock Up 2.5%

The stock has a market capitalization of £10.69 million, a P/E ratio of 13.09 and a beta of 0.26. The company has a current ratio of 4.43, a quick ratio of 3.54 and a debt-to-equity ratio of 4.29. The firm’s fifty day moving average is GBX 78.77 and its 200-day moving average is GBX 79.18.

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.