Shares of Redcentric plc (LON:RCN - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 125.89 ($1.57) and traded as low as GBX 114 ($1.42). Redcentric shares last traded at GBX 116 ($1.44), with a volume of 45,746 shares.
Redcentric Stock Down 1.7 %
The business's 50 day simple moving average is GBX 121.63 and its 200-day simple moving average is GBX 125.40. The company has a debt-to-equity ratio of 138.57, a quick ratio of 0.34 and a current ratio of 0.77. The company has a market cap of £182.45 million, a price-to-earnings ratio of -5,750.00 and a beta of 0.13.
Redcentric (LON:RCN - Get Free Report) last released its quarterly earnings data on Wednesday, November 20th. The company reported GBX 2.86 ($0.04) earnings per share (EPS) for the quarter. Redcentric had a negative return on equity of 6.11% and a negative net margin of 2.11%. Sell-side analysts expect that Redcentric plc will post 8.8015647 earnings per share for the current year.
Redcentric Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, April 25th. Stockholders of record on Thursday, March 13th will be paid a dividend of GBX 1.20 ($0.01) per share. The ex-dividend date is Thursday, March 13th. This represents a dividend yield of 1.03%. Redcentric's dividend payout ratio (DPR) is -20,000.00%.
About Redcentric
(
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Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.
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