Redcentric (LON:RCN) Stock Passes Above 200 Day Moving Average of $135.59

Redcentric plc (LON:RCN)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 135.59 ($1.74) and traded as high as GBX 142 ($1.83). Redcentric shares last traded at GBX 142 ($1.83), with a volume of 10,979 shares.

Redcentric Trading Up 1.1 %

The business’s 50-day moving average is GBX 140.71 and its two-hundred day moving average is GBX 135.65. The company has a current ratio of 0.87, a quick ratio of 0.34 and a debt-to-equity ratio of 131.40. The stock has a market capitalization of £224.74 million, a PE ratio of -7,100.00 and a beta of 0.14.

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.