Redcentric plc (LON:RCN – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 95 and last traded at GBX 97.50, with a volume of 160923 shares changing hands. The stock had previously closed at GBX 97.
Redcentric Stock Performance
The company has a market capitalization of £100.02 million, a price-to-earnings ratio of 65.00 and a beta of 0.21. The stock’s 50-day moving average price is GBX 105.47 and its 200-day moving average price is GBX 116.24. The company has a debt-to-equity ratio of 85.17, a quick ratio of 0.34 and a current ratio of 1.56.
Insider Buying and Selling at Redcentric
In other Redcentric news, insider John Radziwill sold 9,345,454 shares of the stock in a transaction on Friday, July 24th. The stock was sold at an average price of GBX 160, for a total transaction of £14,952,726.40. Also, insider Oliver Rupert Andrew Scott sold 11,947,139 shares of the stock in a transaction on Friday, July 24th. The shares were sold at an average price of GBX 160, for a total value of £19,115,422.40. Over the last 90 days, insiders have sold 21,331,936 shares of company stock valued at $3,413,109,760. Insiders own 48.23% of the company’s stock.
About Redcentric
Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.
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