Tungsten (LON:TUNG) Stock Passes Above 50 Day Moving Average of $54.60

Tungsten Co. plc (LON:TUNGGet Rating)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 54.60 ($0.67) and traded as high as GBX 54.80 ($0.67). Tungsten shares last traded at GBX 54.60 ($0.67), with a volume of 581,618 shares traded.

Tungsten Price Performance

The company has a 50-day moving average of GBX 54.60 and a 200-day moving average of GBX 54.33. The company has a debt-to-equity ratio of 12.62, a quick ratio of 0.49 and a current ratio of 0.49. The stock has a market capitalization of £69.09 million and a price-to-earnings ratio of -19.50.

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.

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