Firstwave Cloud Technology (ASX:FCT) Stock Price Up 10.3%

Firstwave Cloud Technology Ltd (ASX:FCT)’s stock price rose 10.3% on Monday . The company traded as high as A$0.17 ($0.12) and last traded at A$0.16 ($0.11), approximately 402,296 shares traded hands during mid-day trading. The stock had previously closed at A$0.15 ($0.10).

The company has a current ratio of 1.44, a quick ratio of 1.23 and a debt-to-equity ratio of 0.06. The firm has a market cap of $50.55 million and a price-to-earnings ratio of -3.56. The stock has a 50-day moving average of A$0.19 and a two-hundred day moving average of A$0.25.

About Firstwave Cloud Technology (ASX:FCT)

Firstwave Cloud Technology Limited engages in the development and sale of Internet security software to businesses, enterprises, and government organizations in Australia and internationally. It offers FirstWave cloud content security gateway, cloud email security, cloud Web security, cloud next generation firewall, and cloud integration services.

Featured Story: Support Level

Receive News & Ratings for Firstwave Cloud Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Firstwave Cloud Technology and related companies with MarketBeat.com's FREE daily email newsletter.