Celtic (LON:CCP) Share Price Crosses Below 200 Day Moving Average - Here's Why

Shares of Celtic plc (LON:CCP - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 173.41 ($2.12) and traded as low as GBX 161 ($1.97). Celtic shares last traded at GBX 161 ($1.97), with a volume of 699 shares.

Celtic Price Performance

The company has a current ratio of 1.46, a quick ratio of 0.86 and a debt-to-equity ratio of 4.32. The company's 50-day moving average price is GBX 165.83 and its two-hundred day moving average price is GBX 173.41. The company has a market cap of £158.84 million, a P/E ratio of 670.00 and a beta of 0.36.

Celtic Company Profile

Celtic plc, through its subsidiary, Celtic F.C. Limited, operates a professional football club in the United Kingdom. The company operates through three segments: Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities. It is involved in the operation of a professional football club covering various activities, including football operations and investment; operation of the Celtic FC Youth Academy; match ticketing; merchandising; partner programs; marketing and brand protection; multimedia; stadium operations; facilities and property; catering and hospitality; public and supporter relations; and human resources.