Tungsten (LON:TUNG) Shares Pass Above 50 Day Moving Average – Time to Sell?

Tungsten Co. plc (LON:TUNGGet Free Report)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 54.60 ($0.71) and traded as high as GBX 54.80 ($0.71). Tungsten shares last traded at GBX 54.60 ($0.71), with a volume of 581,618 shares changing hands.

Tungsten Price Performance

The firm has a market capitalization of £69.09 million and a price-to-earnings ratio of -19.50. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 12.62. The stock’s 50 day moving average price is GBX 54.60 and its two-hundred day moving average price is GBX 54.60.

About Tungsten

(Get Free Report)

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.

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