Herald (LON:HRI) Shares Pass Below 50 Day Moving Average – What’s Next?

Herald (LON:HRIGet Free Report)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 2,093.74 ($27.15) and traded as low as GBX 2,080 ($26.97). Herald shares last traded at GBX 2,080 ($26.97), with a volume of 249,777 shares traded.

Herald Stock Up 0.1 %

The firm has a 50-day moving average of GBX 2,093.74 and a 200 day moving average of GBX 2,141.43. The stock has a market capitalization of £1.10 billion, a P/E ratio of 613.57 and a beta of 0.88.

About Herald

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Herald Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Herald Investment Management Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the technology, telecommunications, and multi-media sectors.

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