Watchstone Group (LON:WTG) Stock Price Passes Below 50 Day Moving Average – Here’s Why

Watchstone Group plc (LON:WTGGet Free Report) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 40.22 ($0.52) and traded as low as GBX 36.50 ($0.48). Watchstone Group shares last traded at GBX 40.22 ($0.52), with a volume of 364 shares trading hands.

Watchstone Group Stock Performance

The company has a debt-to-equity ratio of 0.00, a quick ratio of 9.28 and a current ratio of 9.30. The stock’s 50-day moving average is GBX 40.22 and its 200 day moving average is GBX 40.22. The firm has a market cap of £18.52 million and a P/E ratio of 2.41.

About Watchstone Group

(Get Free Report)

Watchstone Group plc does not have significant operations. Previously, it was involved in the insurance telematics business in the United Kingdom. The company was formerly known as Quindell Plc and changed its name to Watchstone Group plc in November 2015. Watchstone Group plc was founded in 2000 and is based in Eastleigh, the United Kingdom.

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