Arcontech Group (LON:ARC) Shares Cross Above 200 Day Moving Average – Here’s Why

Posted by Doug Madison on Jan 11th, 2025

Arcontech Group plc (LON:ARC – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 110.58 ($1.35) and traded as high as GBX 121.50 ($1.48). Arcontech Group shares last traded at GBX 119.26 ($1.46), with a volume of 400 shares.

Arcontech Group Trading Down 1.8 %

The firm has a market cap of £15.95 million, a P/E ratio of 1,490.75 and a beta of 0.46. The firm has a fifty day moving average of GBX 121.47 and a 200-day moving average of GBX 110.76. The company has a debt-to-equity ratio of 6.50, a quick ratio of 3.54 and a current ratio of 4.36.

Insider Activity

In other Arcontech Group news, insider Matthew Jeffs bought 50,000 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were purchased at an average cost of GBX 120 ($1.47) per share, for a total transaction of £60,000 ($73,260.07). Corporate insiders own 54.50% of the company’s stock.

Arcontech Group Company Profile

(Get Free Report)

Arcontech Group plc, together with its subsidiaries, develops and sells proprietary software in the United Kingdom, rest of Europe, Africa, North America, Australia, and the Asia Pacific. Its products include Excelerator Desktop that provides a graphical user interface, which integrates various internal and external real-time data sources into a single-screen format; CityVision, a market data platform for real-time data reception, transformation, and publishing; and CityVision Multi Vendor Contribution System that offers the ability to contribute data to various destinations, including Refinitiv, Bloomberg, ICE, and Six.