Blancco Technology Group (LON:BLTG) Share Price Passes Below 50-Day Moving Average – Should You Sell?

by · The Markets Daily

Blancco Technology Group plc (LON:BLTG – Get Free Report)’s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 225 ($2.84) and traded as low as GBX 224 ($2.82). Blancco Technology Group shares last traded at GBX 225 ($2.84), with a volume of 10,499 shares changing hands.

Blancco Technology Group Stock Performance

The company has a market cap of £174.53 million, a PE ratio of 5,625.00 and a beta of 0.14. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.92 and a quick ratio of 1.61. The business has a 50-day moving average of GBX 225 and a 200 day moving average of GBX 225.

Blancco Technology Group Company Profile

(Get Free Report)

Blancco Technology Group plc provides data erasure and mobile lifecycle solutions in the United States, the United Kingdom, the Asia Pacific, Europe, and internationally. The company offers Blancco Drive Eraser, which erases sensitive data from servers, laptops, Chromebooks, desktops, and drives; Blancco File Eraser, a file erasure software, which erases sensitive files and folders from PC desktop computers, laptops, and servers; and Blancco Removable Media Eraser, a data sanitization application that erases data from removable media, including USB drives, SD cards, micro drives, CompactFlash cards, and other flash memory storage devices.

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