Touchstar (LON:TST) Stock Passes Below 50 Day Moving Average – What’s Next?

Shares of Touchstar plc (LON:TST) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 77.83 and traded as low as GBX 76. Touchstar shares last traded at GBX 83.20, with a volume of 3,024 shares changing hands.

Touchstar Stock Performance

The business’s 50-day moving average price is GBX 77.83 and its 200-day moving average price is GBX 83.69. The company has a current ratio of 1.81, a quick ratio of 1.16 and a debt-to-equity ratio of 5.86. The stock has a market cap of £6.65 million, a PE ratio of 199.04 and a beta of 1.26.

Touchstar (LON:TST) last posted its quarterly earnings data on Tuesday, September 16th. The company reported GBX (0.96) earnings per share (EPS) for the quarter. Touchstar had a net margin of 8.71% and a return on equity of 17.58%. As a group, equities research analysts expect that Touchstar plc will post 11.3882863 earnings per share for the current fiscal year.

About Touchstar

TouchStar Technologies Ltd has been supplying turnkey data collection and mobile computing solutions for industrial and commercial applications since 1982.

Global leaders such as Coca Cola Enterprises, Wincanton Logistics, Ford Motor Company, GSK, Tata Steel, Calor Gas and Certas have benefited from a highly professional approach to project fulfilment.

Our solutions are always ‘fit for purpose’ and supported & maintained for decades, preserving and future-proofing your initial capital investment.