Cloudbuy (LON:CBUY) Shares Pass Below Fifty Day Moving Average of $1.95

Shares of Cloudbuy PLC (LON:CBUY) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $1.95 and traded as low as $1.85. Cloudbuy shares last traded at $1.85, with a volume of 193 shares traded.

The stock’s 50-day moving average price is GBX 1.95 and its 200 day moving average price is GBX 2.55. The firm has a market cap of $2.51 million and a P/E ratio of -1.13.

Cloudbuy Company Profile (LON:CBUY)

cloudBuy plc, together with its subsidiaries, provides an integrated software platform for e-procurement and e-commerce in the United Kingdom. Its software platform enables the trading of goods and services between purchasers, such as public sector bodies and their suppliers; facilitates in the analysis and coding of spend and product data; and offers incorporation, company secretary, and annual returns filing services to new businesses.

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