Tekcapital (LON:TEK) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Tekcapital plc (LON:TEKGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 8.84 ($0.12) and traded as low as GBX 6.75 ($0.09). Tekcapital shares last traded at GBX 7.17 ($0.09), with a volume of 232,311 shares trading hands.

Tekcapital Price Performance

The company’s fifty day simple moving average is GBX 8.64 and its 200-day simple moving average is GBX 8.84. The firm has a market capitalization of £19.84 million, a PE ratio of 1.28 and a beta of 0.80.

Tekcapital Company Profile

(Get Free Report)

Tekcapital is a holding company that creates value from investing in new, university-developed discoveries that can enhance people’s lives. Tekcapital also provides a range of technology transfer services to help organisations evaluate and commercialise new technologies.

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