Crimson Tide (LON:TIDE) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Crimson Tide plc (LON:TIDEGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 143.54 ($1.80) and traded as low as GBX 101 ($1.27). Crimson Tide shares last traded at GBX 101 ($1.27), with a volume of 1,215 shares changing hands.

Crimson Tide Trading Down 3.8 %

The stock has a market cap of £6.64 million, a price-to-earnings ratio of -10,100.00 and a beta of 0.58. The firm’s 50 day moving average is GBX 102.49 and its two-hundred day moving average is GBX 143.32. The company has a quick ratio of 4.25, a current ratio of 2.77 and a debt-to-equity ratio of 7.70.

About Crimson Tide

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Crimson Tide plc provides mobility solutions and related software development services primarily in the United Kingdom and Ireland. It provides mpro5, a mobile business solution that provides software, Windows Azure cloud infrastructure, and installation and support, as well as job scheduling, alerting, and reporting services.

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