Steel Connect (NASDAQ:STCN) Share Price Crosses Below 200 Day Moving Average of $0.00

Steel Connect Inc (NASDAQ:STCN) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as low as $1.75. Steel Connect shares last traded at $1.75, with a volume of 5,580 shares trading hands.

The company has a quick ratio of 0.80, a current ratio of 0.92 and a debt-to-equity ratio of 4.08. The firm’s 50-day moving average is $1.80.

About Steel Connect (NASDAQ:STCN)

Steel Connect, Inc, through its subsidiaries, provides supply chain and logistics services to the consumer electronics, communications, computing, medical devices, software, storage, retail, and other industries. It operates through five segments: Americas, Asia, Europe, Direct Marketing, and e-Business.

Further Reading: Cost of equity and a company’s balance sheet

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