Plexus (LON:POS) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Plexus Holdings plc (LON:POSGet Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 13.16 ($0.17) and traded as low as GBX 9 ($0.11). Plexus shares last traded at GBX 9.25 ($0.12), with a volume of 180,397 shares changing hands.

Plexus Trading Up 0.5 %

The company has a debt-to-equity ratio of 16.28, a quick ratio of 1.12 and a current ratio of 1.82. The company’s 50-day moving average price is GBX 11.44 and its 200-day moving average price is GBX 13.08. The firm has a market capitalization of £9.85 million, a PE ratio of -425.00 and a beta of 0.78.

About Plexus

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Plexus Holdings plc, together with its subsidiaries, provides equipment and services for the oil and gas industry in the United Kingdom and rest of Europe. The company offers POS-GRIP technology, a patented friction grip method of engineering for oil and gas field wellheads, connectors, and metal-to-metal sealings, which includes squeezing one tubular member against another in the elastic range to effect gripping and sealing.

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