Tekcapital (LON:TEK) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Tekcapital plc (LON:TEKGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 9.01 ($0.11) and traded as high as GBX 9.21 ($0.11). Tekcapital shares last traded at GBX 8.99 ($0.11), with a volume of 432,627 shares.

Tekcapital Price Performance

The business’s 50 day simple moving average is GBX 9.03 and its 200 day simple moving average is GBX 8.28. The stock has a market cap of £18.83 million, a P/E ratio of 190.00 and a beta of 0.80.

About Tekcapital

(Get Free Report)

Tekcapital plc, together with its subsidiaries, provides a range of technology transfer services to universities and corporate clients in the United Kingdom and the United States. The company offers Microsalt, a micron-sized salt crystal that provide the flavor of salt with half of the sodium; and low-sodium snacks under the SaltMe! brand.

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