Redcentric plc (LON:RCN - Get Free Report) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 118.73 ($1.48) and traded as high as GBX 128.37 ($1.60). Redcentric shares last traded at GBX 128 ($1.60), with a volume of 8,999 shares traded.
Redcentric Price Performance
The company has a market capitalization of £195.14 million, a price-to-earnings ratio of -6,150.00 and a beta of 0.13. The company has a 50-day moving average price of GBX 118.73 and a 200-day moving average price of GBX 128.14. The company has a debt-to-equity ratio of 138.57, a quick ratio of 0.34 and a current ratio of 0.77.
Redcentric Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, April 25th. Shareholders of record on Thursday, March 13th will be paid a GBX 1.20 ($0.01) dividend. This represents a yield of 1.03%. The ex-dividend date of this dividend is Thursday, March 13th. Redcentric's payout ratio is presently -20,000.00%.
About Redcentric
(
Get Free Report)
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.
Read More
Before you consider Redcentric, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Redcentric wasn't on the list.
While Redcentric currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
