Redcentric (LON:RCN) Shares Cross Below Two Hundred Day Moving Average of $135.56

Redcentric plc (LON:RCN) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 135.56 ($1.77) and traded as low as GBX 134.50 ($1.76). Redcentric shares last traded at GBX 140 ($1.83), with a volume of 23,357 shares traded.

The company has a current ratio of 1.15, a quick ratio of 0.87 and a debt-to-equity ratio of 27.43. The stock has a fifty day moving average price of GBX 133.11 and a 200-day moving average price of GBX 135.66. The firm has a market capitalization of £213.99 million and a price-to-earnings ratio of 22.97.

The business also recently announced a dividend, which was paid on Friday, September 17th. Stockholders of record on Thursday, August 5th were issued a GBX 2.40 ($0.03) dividend. The ex-dividend date was Thursday, August 5th. This is a boost from Redcentric’s previous dividend of $1.20. This represents a dividend yield of 1.89%. Redcentric’s dividend payout ratio is presently 0.20%.

About Redcentric (LON:RCN)

Redcentric plc provides IT managed services in the United Kingdom. It offers network services, including connectivity, software-defined wide area network, local area network, managed wide area network, secure remote access, and cloud managed wireless network services; and cloud services consisting of infrastructure as a service, hybrid cloud, colocation hosting, cloud migration, platform as a service, online data backup and recovery, and disaster recovery services.

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