Crimson Tide (LON:TIDE) Sets New 1-Year High – Here’s Why

Crimson Tide plc (LON:TIDE)’s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 95 and last traded at GBX 95, with a volume of 4 shares. The stock had previously closed at GBX 85.

Crimson Tide Stock Up 11.8%

The firm has a fifty day moving average price of GBX 80.07 and a 200-day moving average price of GBX 67.96. The company has a quick ratio of 4.25, a current ratio of 2.77 and a debt-to-equity ratio of 2.01. The firm has a market cap of £6.25 million, a price-to-earnings ratio of -6.11 and a beta of 0.58.

Crimson Tide (LON:TIDE) last issued its earnings results on Wednesday, November 19th. The company reported GBX 4.90 earnings per share for the quarter. Crimson Tide had a negative return on equity of 1.14% and a negative net margin of 1.36%. As a group, sell-side analysts forecast that Crimson Tide plc will post 4.1029467 EPS for the current year.

About Crimson Tide

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. The company is also involved in reselling third party software, and related development and support services. Crimson Tide plc was incorporated in 1911 and is based in Tunbridge Wells, the United Kingdom.