Arcontech Group PLC (LON:ARC) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $165.99 and traded as low as $163.00. Arcontech Group shares last traded at $163.40, with a volume of 7,810 shares.
Separately, FinnCap reissued a “corporate” rating on shares of Arcontech Group in a research note on Wednesday, February 27th.
The company has a 50-day moving average price of GBX 165.99. The firm has a market capitalization of $21.59 million and a price-to-earnings ratio of 19.52.
In other news, insider Matthew Jeffs sold 9,109 shares of the company’s stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of GBX 121 ($1.58), for a total transaction of £11,021.89 ($14,402.05). Also, insider Richard Last sold 25,000 shares of the company’s stock in a transaction dated Monday, May 13th. The stock was sold at an average price of GBX 162 ($2.12), for a total value of £40,500 ($52,920.42). Over the last ninety days, insiders have sold 59,109 shares of company stock valued at $9,077,189.
Arcontech Group Company Profile (LON:ARC)
Arcontech Group Plc, together with its subsidiaries, develops and sells proprietary software in the United Kingdom, rest of Europe, Africa, North America, and the Asia Pacific. Its products include CityVision, a market data platform for real-time data reception, transformation, and publishing; CityVision Multi Vendor Contribution System, which enables the user to contribute data automatically and simultaneously to various destinations; and CityVision Cache, a real-time data repository.
Further Reading: How Do Investors Open a Backdoor Roth IRA?
Receive News & Ratings for Arcontech Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arcontech Group and related companies with MarketBeat.com's FREE daily email newsletter.