Arcontech Group (LON:ARC) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Arcontech Group plc (LON:ARC) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 103.55 ($1.36) and traded as high as GBX 111.40 ($1.46). Arcontech Group shares last traded at GBX 109 ($1.43), with a volume of 18,294 shares trading hands.

Arcontech Group Price Performance

The company has a market capitalization of £14.57 million, a PE ratio of 1,362.50 and a beta of 0.46. The company has a current ratio of 4.36, a quick ratio of 3.54 and a debt-to-equity ratio of 6.50. The company’s 50 day moving average price is GBX 111.59 and its 200-day moving average price is GBX 103.52.

Arcontech Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, October 3rd will be paid a dividend of GBX 3.75 ($0.05) per share. The ex-dividend date of this dividend is Thursday, October 3rd. This is a positive change from Arcontech Group’s previous dividend of $3.50. This represents a yield of 3.83%. Arcontech Group’s dividend payout ratio is currently 5,000.00%.

Arcontech Group Company Profile

Arcontech Group plc, together with its subsidiaries, develops and sells proprietary software in the United Kingdom, rest of Europe, Africa, North America, Australia, and the Asia Pacific. Its products include Excelerator Desktop that provides a graphical user interface, which integrates various internal and external real-time data sources into a single-screen format; CityVision, a market data platform for real-time data reception, transformation, and publishing; and CityVision Multi Vendor Contribution System that offers the ability to contribute data to various destinations, including Refinitiv, Bloomberg, ICE, and Six.