K3 Business Technology Group (LON:KBT) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

K3 Business Technology Group plc (LON:KBTGet Free Report)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 59.25 and traded as low as GBX 37.55. K3 Business Technology Group shares last traded at GBX 40, with a volume of 1,167,285 shares changing hands.

K3 Business Technology Group Price Performance

The company has a current ratio of 0.74, a quick ratio of 0.94 and a debt-to-equity ratio of 8.64. The firm has a 50-day simple moving average of GBX 40 and a two-hundred day simple moving average of GBX 59.25. The company has a market capitalization of £17.87 million, a price-to-earnings ratio of -7.23 and a beta of 0.83.

About K3 Business Technology Group

(Get Free Report)

K3 Business Technology Group plc, together with its subsidiaries, provides computer software and consultancy services in the United Kingdom, the Netherlands, Ireland, rest of Europe, the Middle East, Asia, the United States, and internationally. It operates through K3 Products and Third-Party Solutions segments.

Further Reading

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