Redcentric (LON:RCN) Sets New 12-Month Low – Here’s Why
by Sarita Garza · The Markets DailyRedcentric plc (LON:RCN – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 95 and last traded at GBX 101, with a volume of 322277 shares trading hands. The stock had previously closed at GBX 97.
Redcentric Stock Down 3.0%
The company has a debt-to-equity ratio of 85.17, a quick ratio of 0.34 and a current ratio of 1.56. The firm has a market capitalization of £156.13 million, a PE ratio of 65.33 and a beta of 0.22. The company’s 50 day simple moving average is GBX 122.16 and its 200-day simple moving average is GBX 120.51.
Redcentric Company Profile
Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.