Touchstar (LON:TST) Shares Pass Below 200-Day Moving Average – Time to Sell?

Touchstar plc (LON:TSTGet Free Report)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 97.81 ($1.24) and traded as low as GBX 95 ($1.21). Touchstar shares last traded at GBX 95 ($1.21), with a volume of 5,784 shares changing hands.

Touchstar Price Performance

The firm has a market cap of £7.79 million, a P/E ratio of 1,187.50 and a beta of 1.26. The company has a fifty day moving average of GBX 93.96 and a 200-day moving average of GBX 97.79. The company has a debt-to-equity ratio of 5.86, a current ratio of 1.81 and a quick ratio of 1.16.

Touchstar Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, October 24th were paid a GBX 1.50 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, October 24th. This represents a dividend yield of 1.46%. Touchstar’s payout ratio is 3,750.00%.

About Touchstar

(Get Free Report)

Touchstar plc, together with its subsidiaries, designs and builds rugged mobile computing devices under the Touchstar brand in the United Kingdom and rest of Europe. It also supplies, installs, and maintains software applications and hardware solutions for mobile applications in the transport, logistics, and access control industries.

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