Celtic (LON:CCP) Share Price Passes Below 200 Day Moving Average – Here’s Why

Celtic plc (LON:CCP) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 173.41 ($2.11) and traded as low as GBX 161 ($1.96). Celtic shares last traded at GBX 161 ($1.96), with a volume of 699 shares traded.

Celtic Stock Performance

The company has a debt-to-equity ratio of 4.32, a quick ratio of 0.86 and a current ratio of 1.46. The stock’s 50 day moving average price is GBX 166.46 and its 200 day moving average price is GBX 173.33. The company has a market capitalization of £158.84 million, a P/E ratio of 670.00 and a beta of 0.36.

Celtic Company Profile

Celtic plc, through its subsidiary, Celtic F.C. Limited, operates a professional football club in the United Kingdom. The company operates through three segments: Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities. It is involved in the operation of a professional football club covering various activities, including football operations and investment; operation of the Celtic FC Youth Academy; match ticketing; merchandising; partner programs; marketing and brand protection; multimedia; stadium operations; facilities and property; catering and hospitality; public and supporter relations; and human resources.