Redcentric plc (LON:RCN - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 127.09 ($1.57) and traded as low as GBX 122.28 ($1.51). Redcentric shares last traded at GBX 125 ($1.54), with a volume of 2,433 shares changing hands.
Redcentric Trading Down 2.0 %
The stock's 50 day moving average is GBX 120.60 and its 200-day moving average is GBX 127.09. The company has a market cap of £193.99 million, a P/E ratio of -6,113.75 and a beta of 0.13. The company has a current ratio of 0.77, a quick ratio of 0.34 and a debt-to-equity ratio of 138.57.
Redcentric (LON:RCN - Get Free Report) last announced its earnings results on Wednesday, November 20th. The company reported GBX 2.86 ($0.04) earnings per share for the quarter. Redcentric had a negative net margin of 2.11% and a negative return on equity of 6.11%. Research analysts anticipate that Redcentric plc will post 8.8015647 earnings per share for the current fiscal year.
Redcentric Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, April 25th. Shareholders of record on Thursday, March 13th will be issued a dividend of GBX 1.20 ($0.01) per share. This represents a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, March 13th. Redcentric's dividend payout ratio (DPR) 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.
Further Reading
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
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
