Arcontech Group (LON:ARC) Stock Crosses Below 50-Day Moving Average of $165.99

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.

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