Redcentric (LON:RCN) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened
by Amy Steele · The Cerbat GemShares of Redcentric plc (LON:RCN – Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 116.98 and traded as high as GBX 119. Redcentric shares last traded at GBX 118, with a volume of 37,831 shares traded.
Redcentric Stock Performance
The firm has a market cap of £185.60 million, a P/E ratio of 77.67 and a beta of 0.17. The company has a quick ratio of 0.34, a current ratio of 1.56 and a debt-to-equity ratio of 85.17. The firm’s 50-day simple moving average is GBX 116.87 and its 200 day simple moving average is GBX 120.85.
About Redcentric
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.