Redcentric plc (LON:RCN - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 123.18 ($1.59) and traded as low as GBX 117 ($1.51). Redcentric shares last traded at GBX 117 ($1.51), with a volume of 96,958 shares.
Redcentric Price Performance
The firm has a market cap of £190.76 million, a PE ratio of -55.48 and a beta of 0.13. The stock's fifty day moving average price is GBX 121.81 and its 200-day moving average price is GBX 122.89. The company has a debt-to-equity ratio of 138.57, a current ratio of 0.77 and a quick ratio of 0.34.
Redcentric Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, April 25th. Stockholders of record on Thursday, March 13th will be issued a dividend of GBX 1.20 ($0.02) per share. This represents a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, March 13th. Redcentric's payout ratio is -181.16%.
Redcentric Company Profile
(
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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.
Further Reading
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