Crimson Tide (LON:TIDE) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Shares of Crimson Tide plc (LON:TIDE) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 76.29 ($1.04) and traded as low as GBX 58 ($0.79). Crimson Tide shares last traded at GBX 63.76 ($0.87), with a volume of 25,886 shares trading hands.

Crimson Tide Trading Down 0.8%

The company has a market cap of £4.14 million, a price-to-earnings ratio of -48.73 and a beta of 0.58. The firm has a 50 day moving average price of GBX 51.32 and a two-hundred day moving average price of GBX 76.29. The company has a quick ratio of 4.25, a current ratio of 2.77 and a debt-to-equity ratio of 2.01.

Crimson Tide (LON:TIDE) last issued its quarterly earnings results on Friday, May 30th. The company reported GBX (14.78) (($0.20)) earnings per share for the quarter. Crimson Tide had a negative net margin of 1.36% and a negative return on equity of 1.14%. As a group, equities analysts forecast that Crimson Tide plc will post 4.1029467 earnings per share for the current year.

Crimson Tide Company Profile

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.