Adept Technology Group (LON:ADT) Stock Price Crosses Below Two Hundred Day Moving Average of $260.11

Shares of Adept Technology Group PLC (LON:ADT) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $260.11 and traded as low as $241.00. Adept Technology Group shares last traded at $241.00, with a volume of 9,200 shares trading hands.

The firm’s 50 day moving average is GBX 245.08 and its two-hundred day moving average is GBX 260.11. The stock has a market cap of $60.32 million and a price-to-earnings ratio of 58.78. The company has a current ratio of 1.61, a quick ratio of 1.36 and a debt-to-equity ratio of 254.80.

In other news, insider Ian Michael Fishwick bought 36,488 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The stock was purchased at an average price of GBX 219 ($2.70) per share, with a total value of £79,908.72 ($98,337.09).

Adept Technology Group Company Profile (LON:ADT)

AdEPT Telecom plc provides voice and data telecommunication services to residential and business customers in the United Kingdom. The company operates through two segments, Fixed Line Services and Managed Services. It offers call and line rental, data connectivity, hardware, IP and desktop telephony, broadband, and support and maintenance services, as well as real-time communication services, such as instant messaging, presence information, fixed-mobile convergence, and desktop and data sharing with non-real-time communication services.

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