Shares of Redcentric plc (LON:RCN – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 122.47 ($1.58) and traded as low as GBX 121 ($1.57). Redcentric shares last traded at GBX 121 ($1.57), with a volume of 74,740 shares traded.
Redcentric Stock Up 2.5 %
The firm has a market cap of £194.66 million, a PE ratio of -56.61 and a beta of 0.13. The business’s 50 day moving average price is GBX 121.61 and its 200 day moving average price is GBX 122.39. The company has a debt-to-equity ratio of 138.57, a current ratio of 0.77 and a quick ratio of 0.34.
Redcentric Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, April 25th. Investors of record on Thursday, March 13th will be paid a dividend of GBX 1.20 ($0.02) per share. The ex-dividend date is Thursday, March 13th. This represents a yield of 1.03%. Redcentric’s dividend payout ratio is presently -181.16%.
About Redcentric
Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.
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