Tungsten (LON:TUNG) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Shares of Tungsten Co. plc (LON:TUNGGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 54.60 ($0.71) and traded as low as GBX 54 ($0.70). Tungsten shares last traded at GBX 54.60 ($0.71), with a volume of 581,618 shares trading hands.

Tungsten Stock Performance

The company has a market capitalization of £69.09 million and a P/E ratio of -19.50. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 12.62. The company’s fifty day moving average is GBX 54.60 and its 200 day moving average is GBX 54.60.

About Tungsten

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Tungsten Corporation plc operates an e-invoicing network that provides trade finance and spend analytics. It operates through Tungsten Network and Tungsten Network Finance segments. The company offers e-invoicing solutions to streamline and digitize accounts payable processes; invoice data capture solutions; purchase order services; and analytics solutions to transform invoice data.

Further Reading

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