Altitude Group (LON:ALT) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

Altitude Group plc (LON:ALT) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 33.95 ($0.42) and traded as low as GBX 26.33 ($0.33). Altitude Group shares last traded at GBX 26.33 ($0.33), with a volume of 3,417 shares traded.

Altitude Group Stock Performance

The company has a current ratio of 1.99, a quick ratio of 2.36 and a debt-to-equity ratio of 3.59. The firm has a market capitalization of £19.93 million, a P/E ratio of 2,750.00 and a beta of 1.25. The business’s 50 day simple moving average is GBX 29.70 and its two-hundred day simple moving average is GBX 33.95.

About Altitude Group

Altitude Group plc engages in the ownership and development of technology solutions and services in North America, the United Kingdom, and Europe. The company offers patented technology platform to its network with a built-in supply chain, as well as combines an e-commerce trading platform with a cloud-based CRM and order management system for business intelligence requirements; e-commerce web solutions with in-built patented online designer and pre-loaded product databases; patented online design solutions; and virtual sample services that allow personalized design on a product with imprint technique.