Redcentric (LON:RCN) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Redcentric plc (LON:RCN)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 127.56 and traded as low as GBX 123. Redcentric shares last traded at GBX 124.99, with a volume of 250,754 shares traded.

Redcentric Stock Performance

The company has a quick ratio of 0.34, a current ratio of 0.77 and a debt-to-equity ratio of 138.57. The company has a market cap of £200.27 million, a PE ratio of 59.12 and a beta of 0.13. The stock’s 50 day simple moving average is GBX 133.80 and its two-hundred day simple moving average is GBX 127.56.

About Redcentric

Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.