Arcontech Group (LON:ARC) Trading Down 9.4% – Time to Sell?

Arcontech Group plc (LON:ARCGet Free Report) dropped 9.4% during mid-day trading on Monday . The company traded as low as GBX 96.16 ($1.22) and last traded at GBX 96.99 ($1.23). Approximately 111,657 shares traded hands during mid-day trading, an increase of 792% from the average daily volume of 12,523 shares. The stock had previously closed at GBX 107.07 ($1.35).

Arcontech Group Stock Down 11.3 %

The company has a quick ratio of 3.54, a current ratio of 4.36 and a debt-to-equity ratio of 6.51. The company has a market capitalization of £13.01 million, a price-to-earnings ratio of 12.23 and a beta of 0.46. The business has a 50-day moving average price of GBX 115.03 and a 200-day moving average price of GBX 114.79.

Arcontech Group Company Profile

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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.

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