Craneware (LON:CRW) Share Price Passes Below 200 Day Moving Average – Here’s Why

Craneware plc (LON:CRW) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,183.62 ($27.06) and traded as low as GBX 1,930.50 ($23.92). Craneware shares last traded at GBX 1,930.50 ($23.92), with a volume of 26,596 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “buy” rating on shares of Craneware in a report on Tuesday, December 10th.

Craneware Stock Down 2.8 %

The business has a fifty day moving average of GBX 2,188.03 and a 200 day moving average of GBX 2,181.86. The company has a quick ratio of 1.00, a current ratio of 0.63 and a debt-to-equity ratio of 12.22. The firm has a market cap of £671.46 million, a P/E ratio of 7,307.69 and a beta of 0.28.

About Craneware

The Craneware Group, the market leader in automated value cycle solutions, including 340B management, collaborates with U.S. healthcare providers to plan, execute, and monitor operational and financial performance so they can continue to deliver quality care to their communities. Customers choose The Craneware Group’s Trisus data and applications platform as their key to navigating the journey to financially sustainable value-based care.