Avast (LON:AVST) Trading Down 0.5% – Here’s Why

Avast plc (LON:AVSTGet Free Report)’s stock price dropped 0.5% on Thursday . The stock traded as low as GBX 708 ($8.92) and last traded at GBX 716.60 ($9.03). Approximately 70,784,273 shares were traded during trading, an increase of 1,586% from the average daily volume of 4,198,588 shares. The stock had previously closed at GBX 720.20 ($9.08).

Avast Price Performance

The stock’s 50 day moving average price is GBX 716.60 and its 200-day moving average price is GBX 716.60. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 66.89. The stock has a market capitalization of £7.49 billion and a PE ratio of 3,115.65.

Avast Company Profile

(Get Free Report)

Avast Plc, together with its subsidiaries, provides cybersecurity services under the Avast brand name the United States, the United Kingdom, France, Germany, and internationally. The company operates through two segments, Consumer; and Small and Medium-sized Business (SMB). It offers desktop security and mobile device protection products; value-added solutions for performance, privacy, and other tools; and web browsing, third-party software distribution, e-commerce tool, mobile advertising, and other IT managed solutions, as well as security and protection solutions for small and medium sized business customers.

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