Tungsten (LON:TUNG) Shares Pass Above Fifty Day Moving Average of $54.60

Tungsten Co. plc (LON:TUNG) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 54.60 ($0.67) and traded as high as GBX 54.80 ($0.68). Tungsten shares last traded at GBX 54.60 ($0.67), with a volume of 581,618 shares changing hands.

Tungsten Stock Performance

The firm’s 50-day moving average price is GBX 54.60 and its 200-day moving average price is GBX 54.60. The company has a debt-to-equity ratio of 12.62, a current ratio of 0.49 and a quick ratio of 0.49. The stock has a market cap of £69.09 million and a P/E ratio of -19.50.

Tungsten Company Profile

Tungsten Corporation plc operates an e-invoicing network that provides trade finance and spend analytics. It operates through Tungsten Network and Tungsten Network Finance segments. The company offers e-invoicing solutions to streamline and digitize accounts payable processes; invoice data capture solutions; purchase order services; and analytics solutions to transform invoice data.