K3 Business Technology Group (LON:KBT) Share Price Passes Below 50 Day Moving Average of $213.48
K3 Business Technology Group plc (LON:KBT)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $213.48 and traded as low as $212.00. K3 Business Technology Group shares last traded at $212.00, with a volume of 6,120 shares.
Separately, FinnCap reiterated a “corporate” rating on shares of K3 Business Technology Group in a research note on Tuesday, July 9th.
The business’s 50 day moving average is GBX 213.46 and its 200-day moving average is GBX 219.79. The company has a debt-to-equity ratio of 16.15, a current ratio of 0.90 and a quick ratio of 0.90. The company has a market cap of $92.77 million and a PE ratio of -108.00.
K3 Business Technology Group plc, together with its subsidiaries, provides integrated business solutions to retailers, manufacturers, and distributors in the supply chain sector primarily in the United Kingdom. It operates through Own IP and Supply Chain Solutions & Managed Services segments. The company offers enterprise resource planning and customer relationship management software, as well as point solutions, and hosting and managed services.
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