CareTech (LON:CTH) Stock Passes Below Two Hundred Day Moving Average of $750.00

CareTech Holdings PLC (LON:CTHGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 750 ($9.86) and traded as low as GBX 748 ($9.84). CareTech shares last traded at GBX 750 ($9.86), with a volume of 424,247 shares trading hands.

CareTech Stock Performance

The company has a debt-to-equity ratio of 110.31, a quick ratio of 0.91 and a current ratio of 0.95. The company’s 50 day moving average price is GBX 750 and its 200-day moving average price is GBX 750. The stock has a market cap of £850.02 million and a P/E ratio of 10,714.29.

About CareTech

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CareTech Holdings PLC provides care and support services for children and adults in the United Kingdom. It operates in four segments: Adults Services, Children's Services, Foster Care, and Digital Technology. The Adult Services segment offers care and residential services for adults with learning disabilities, mental health and autistic spectrum disorders, physical impairment, and brain injury.

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