Rosslyn Data Technologies (LON:RDT) Shares Pass Below 200 Day Moving Average – Time to Sell?

Shares of Rosslyn Data Technologies plc (LON:RDT) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 8.72 ($0.11) and traded as low as GBX 4.71 ($0.06). Rosslyn Data Technologies shares last traded at GBX 4.71 ($0.06), with a volume of 215,020 shares changing hands.

Rosslyn Data Technologies Trading Down 3.1 %

The company has a current ratio of 1.67, a quick ratio of 0.77 and a debt-to-equity ratio of 31.57. The firm has a 50-day moving average price of GBX 5.11 and a 200-day moving average price of GBX 8.69. The company has a market capitalization of £838,850.00, a price-to-earnings ratio of -59.38 and a beta of 0.41.

Insider Buying and Selling

In other Rosslyn Data Technologies news, insider James Appleby bought 5,280,000 shares of Rosslyn Data Technologies stock in a transaction that occurred on Tuesday, October 29th. The stock was purchased at an average cost of GBX 500 ($6.29) per share, for a total transaction of £26,400,000 ($33,190,847.37). 17.68% of the stock is owned by corporate insiders.

Rosslyn Data Technologies Company Profile

Rosslyn Data Technologies plc engages in the development and provision of data analytics software, data capture, data mining, and workflow management in the United Kingdom, Europe, and the United States. It offers Rosslyn Spend Management that enables businesses to automatically aggregate, enhance, and organize structured and unstructured data; Spend Analytics, a navigation and dashboard solution; Supplier Information Management platform for analysis gaps in the procurement provision; and Supplier Performance Management for identifying areas of potential risk within the supply chain and increase procurement's contribution to profitability.