Nasstar (LON:NASA) Shares Down 87.7% – Here’s Why

Nasstar Plc (LON:NASAGet Free Report) was down 87.7% during trading on Monday . The stock traded as low as GBX 12.75 ($0.16) and last traded at GBX 12.75 ($0.16). Approximately 6,100 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 1,297,483 shares. The stock had previously closed at GBX 104 ($1.33).

Nasstar Trading Down 87.7 %

The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 12.99. The business’s fifty day moving average is GBX 12.75 and its 200 day moving average is GBX 12.75. The stock has a market cap of £78.62 million and a PE ratio of -56.25.

Nasstar Company Profile

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Nasstar plc, together with its subsidiaries, provides hosted managed and cloud computing services primarily in the United Kingdom. The company offers nSecureSign, which enables secure digital signing of various documents; nSecureWeb Gateway, a Web proxy that protects organization's users from Web based threats; and nMDM, a mobile device management solution, which delivers mobile management platform to manage and secure organization's mobile devices.

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