Crimson Tide (LON:TIDE) Stock Passes Below 200 Day Moving Average – Here’s Why

Crimson Tide plc (LON:TIDEGet Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 114.95 ($1.45) and traded as low as GBX 87.50 ($1.10). Crimson Tide shares last traded at GBX 87.60 ($1.11), with a volume of 1,100 shares trading hands.

Crimson Tide Stock Performance

The stock has a market capitalization of £5.76 million, a price-to-earnings ratio of -67.76 and a beta of 0.58. The stock’s 50 day moving average is GBX 102.30 and its two-hundred day moving average is GBX 114.95. The company has a current ratio of 2.77, a quick ratio of 4.25 and a debt-to-equity ratio of 2.01.

Crimson Tide Company Profile

(Get Free Report)

Crimson Tide plc provides mobility solutions and related software development services primarily in the United Kingdom and Ireland. It provides mpro5, a mobile business solution that provides software, Windows Azure cloud infrastructure, and installation and support, as well as job scheduling, alerting, and reporting services.

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