Craneware (LON:CRW) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Craneware plc (LON:CRW)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,183.62 ($27.12) and traded as low as GBX 1,930.50 ($23.98). Craneware shares last traded at GBX 1,930.50 ($23.98), with a volume of 26,596 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of Craneware in a report on Tuesday, December 10th.

Craneware Trading Down 3.5 %

The business’s 50 day moving average price is GBX 2,193.82 and its two-hundred day moving average price is GBX 2,183.62. The company has a debt-to-equity ratio of 12.22, a quick ratio of 1.00 and a current ratio of 0.63. The company has a market capitalization of £682.24 million, a price-to-earnings ratio of 7,425.00 and a beta of 0.28.

About Craneware

The Craneware Group, the market leader in automated value cycle solutions, including 340B management, collaborates with U.S. healthcare providers to plan, execute, and monitor operational and financial performance so they can continue to deliver quality care to their communities. Customers choose The Craneware Group’s Trisus data and applications platform as their key to navigating the journey to financially sustainable value-based care.