Micro Focus International (LON:MCRO) Stock Passes Above 200 Day Moving Average of $459.28

Micro Focus International plc (LON:MCROGet Rating)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 459.28 ($5.60) and traded as high as GBX 530.80 ($6.48). Micro Focus International shares last traded at GBX 530 ($6.47), with a volume of 4,089,627 shares changing hands.

Micro Focus International Trading Down 0.0 %

The stock’s 50-day simple moving average is GBX 525.29 and its two-hundred day simple moving average is GBX 459.28. The company has a debt-to-equity ratio of 160.25, a current ratio of 0.85 and a quick ratio of 0.83. The firm has a market capitalization of £1.80 billion and a P/E ratio of -5.15.

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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