Rosslyn Data Technologies (LON:RDT) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Rosslyn Data Technologies plc (LON:RDT) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 8.72 ($0.11) and traded as low as GBX 4.71 ($0.06). Rosslyn Data Technologies shares last traded at GBX 4.71 ($0.06), with a volume of 215,020 shares traded.

Rosslyn Data Technologies Price Performance

The business has a 50 day simple moving average of GBX 5.11 and a 200-day simple moving average of GBX 8.69. The company has a market capitalization of £838,850.00, a P/E ratio of -59.38 and a beta of 0.41. The company has a quick ratio of 0.77, a current ratio of 1.67 and a debt-to-equity ratio of 31.57.

Insider Activity at Rosslyn Data Technologies

In other Rosslyn Data Technologies news, insider James Appleby bought 5,280,000 shares of the stock in a transaction that occurred on Tuesday, October 29th. The shares were purchased at an average cost of GBX 500 ($6.29) per share, for a total transaction of £26,400,000 ($33,190,847.37). 17.68% of the stock is currently owned by insiders.

Rosslyn Data Technologies Company Profile

Rosslyn Data Technologies plc engages in the development and provision of data analytics software, data capture, data mining, and workflow management in the United Kingdom, Europe, and the United States. It offers Rosslyn Spend Management that enables businesses to automatically aggregate, enhance, and organize structured and unstructured data; Spend Analytics, a navigation and dashboard solution; Supplier Information Management platform for analysis gaps in the procurement provision; and Supplier Performance Management for identifying areas of potential risk within the supply chain and increase procurement's contribution to profitability.