Tekcapital (LON:TEK) Share Price Passes Above 50 Day Moving Average – What’s Next?

Tekcapital plc (LON:TEKGet Free Report)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 7.87 ($0.10) and traded as high as GBX 9 ($0.11). Tekcapital shares last traded at GBX 7.90 ($0.10), with a volume of 6,516,993 shares traded.

Tekcapital Stock Down 21.0 %

The business has a 50-day moving average price of GBX 7.89 and a 200-day moving average price of GBX 8.47. The company has a market capitalization of £15.66 million, a price-to-earnings ratio of 158.00 and a beta of 0.80.

About Tekcapital

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Tekcapital plc, together with its subsidiaries, provides a range of technology transfer services to universities and corporate clients in the United Kingdom and the United States. The company offers Microsalt, a micron-sized salt crystal that provide the flavor of salt with half of the sodium; and low-sodium snacks under the SaltMe! brand.

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