Armadale Capital (LON:ACP) Share Price Passes Above Fifty Day Moving Average of $4.36

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Armadale Capital Plc (LON:ACP)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 4.36 ($0.06) and traded as high as GBX 5.77 ($0.08). Armadale Capital shares last traded at GBX 5.20 ($0.07), with a volume of 12,121,665 shares traded.

The company has a market cap of £24.58 million and a PE ratio of -52.50. The business’s 50-day moving average is GBX 4.38 and its 200 day moving average is GBX 3.91. The company has a debt-to-equity ratio of 14.83, a quick ratio of 0.86 and a current ratio of 0.86.

About Armadale Capital (LON:ACP)

Armadale Capital Plc, an investment company, focuses on investing in and developing natural resources projects in Africa. Its primary interest is in the Mahenge Liandu Graphite project in Tanzania. The company was formerly known as Watermark Global Plc and changed its name to Armadale Capital Plc in July 2013.

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