Windar Photonics (LON:WPHO) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Windar Photonics PLC (LON:WPHO) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 50.17 and traded as low as GBX 32.25. Windar Photonics shares last traded at GBX 34, with a volume of 72,438 shares traded.

Windar Photonics Stock Performance

The company’s 50-day moving average price is GBX 42.70 and its 200 day moving average price is GBX 50.17. The stock has a market capitalization of £32.77 million, a PE ratio of -22.67 and a beta of 2.04. The company has a debt-to-equity ratio of 11.57, a quick ratio of 0.26 and a current ratio of 5.65.

Windar Photonics Company Profile

Windar Photonics PLC, through its subsidiaries, develops and sells light detection and ranging sensors, and associated products for use on electricity generating wind turbines in Europe, China, and rest of Asia. It offers WindEYE and WindVISION sensors, which measure wind speed by scanning a laser beam ahead of the wind turbines. The company also provides WindTIMIZER that works as a mediator between the WindEYE and the wind turbine controller; and retrofit control system. Windar Photonics PLC was incorporated in 2014 and is based in London, the United Kingdom.