Cloudbuy (LON:CBUY) Stock Price Crosses Above 50-Day Moving Average of $2.28

Cloudbuy PLC (LON:CBUY)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $2.28 and traded as high as $2.10. Cloudbuy shares last traded at $2.20, with a volume of 48,600 shares changing hands.

The firm has a market cap of $2.87 million and a PE ratio of -1.83. The firm’s fifty day simple moving average is GBX 2.28 and its two-hundred day simple moving average is GBX 2.35.

Cloudbuy Company Profile (LON:CBUY)

cloudBuy plc, together with its subsidiaries, provides an integrated software platform for e-procurement and e-commerce in the United Kingdom. Its software platform enables the trading of goods and services between purchasers, such as public sector bodies and their suppliers; facilitates in the analysis and coding of spend and product data; and offers incorporation, company secretary, and annual returns filing services to new businesses.

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