Tungsten (LON:TUNG) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Tungsten Co. plc (LON:TUNGGet Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 simple moving average is GBX 54.60 and its 200 day simple moving average is GBX 54.60. The stock has a market cap of £69.09 million and a price-to-earnings ratio of -19.50. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 12.62.

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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