Arcontech Group (LON:ARC) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Arcontech Group plc (LON:ARC) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 103.97 ($1.35) and traded as high as GBX 120.50 ($1.57). Arcontech Group shares last traded at GBX 120.50 ($1.57), with a volume of 97,106 shares traded.

Arcontech Group Stock Performance

The company has a quick ratio of 3.54, a current ratio of 4.36 and a debt-to-equity ratio of 6.50. The company has a market cap of £15.24 million, a PE ratio of 1,425.00 and a beta of 0.46. The stock’s 50 day simple moving average is GBX 116.08 and its two-hundred day simple moving average is GBX 104.05.

Arcontech Group Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, November 1st. Investors of record on Thursday, October 3rd were issued a GBX 3.75 ($0.05) dividend. This is a positive change from Arcontech Group’s previous dividend of $3.50. The ex-dividend date was Thursday, October 3rd. This represents a yield of 3.83%. Arcontech Group’s dividend payout ratio (DPR) is presently 5,000.00%.

Arcontech Group Company Profile

Arcontech Group plc, together with its subsidiaries, develops and sells proprietary software in the United Kingdom, rest of Europe, Africa, North America, Australia, and the Asia Pacific. Its products include Excelerator Desktop that provides a graphical user interface, which integrates various internal and external real-time data sources into a single-screen format; CityVision, a market data platform for real-time data reception, transformation, and publishing; and CityVision Multi Vendor Contribution System that offers the ability to contribute data to various destinations, including Refinitiv, Bloomberg, ICE, and Six.