Tungsten (LON:TUNG) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Tungsten Co. plc (LON:TUNGGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 54.60 ($0.70) and traded as low as GBX 54 ($0.69). Tungsten shares last traded at GBX 54.60 ($0.70), with a volume of 581,618 shares.

Tungsten Stock Down 0.5 %

The business’s fifty day moving average price is GBX 54.60 and its 200 day moving average price is GBX 54.60. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 12.62. The company has a market capitalization of £69.09 million and a P/E ratio of -19.50.

Tungsten Company Profile

(Get Free Report)

Tungsten Corporation plc operates an e-invoicing network that provides trade finance and spend analytics. It operates through Tungsten Network and Tungsten Network Finance segments. The company offers e-invoicing solutions to streamline and digitize accounts payable processes; invoice data capture solutions; purchase order services; and analytics solutions to transform invoice data.

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