Tekcapital (LON:TEK) Share Price Passes Below 200 Day Moving Average – Here’s Why

Shares of Tekcapital plc (LON:TEKGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 8.84 ($0.12) and traded as low as GBX 6.75 ($0.09). Tekcapital shares last traded at GBX 7.17 ($0.10), with a volume of 232,311 shares trading hands.

Tekcapital Stock Up 2.0 %

The stock has a market cap of £19.76 million, a price-to-earnings ratio of 1.28 and a beta of 0.80. The company’s 50-day simple moving average is GBX 8.59 and its 200-day simple moving average is GBX 8.83.

About Tekcapital

(Get Free Report)

Tekcapital is a holding company that creates value from investing in new, university-developed discoveries that can enhance people’s lives. Tekcapital also provides a range of technology transfer services to help organisations evaluate and commercialise new technologies.

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