Micro Focus International (LON:MCRO) Sets New 1-Year High at $523.20

Micro Focus International plc (LON:MCROGet Rating) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 523.20 ($6.32) and last traded at GBX 523.07 ($6.32), with a volume of 78684 shares changing hands. The stock had previously closed at GBX 522 ($6.31).

Micro Focus International Stock Performance

The company has a debt-to-equity ratio of 160.25, a quick ratio of 0.83 and a current ratio of 0.85. The company has a 50 day moving average price of GBX 369.24 and a 200 day moving average price of GBX 366.84. The company has a market capitalization of £1.76 billion and a PE ratio of -5.07.

Micro Focus International Company Profile

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Micro Focus International plc operates in the enterprise software business in the United Kingdom, the United States, Germany, Canada, France, Japan, and internationally. It offers infrastructure software products that are managed on a portfolio. The company's product portfolio includes sector-agnostic products, such as application modernization and connectivity solutions that help customers to unlock the value from core business applications for modernization, which enable a transformational journey to deliver ongoing value and flexibility from IT investments, on or off the mainframe; application delivery management solutions that helps customers to increase velocity, remove bottlenecks, and deliver high-performing applications to support their digital business; and IT operations management solutions for service assurance, automate the service fulfilment life cycle, and strengthen IT service governance.

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