Zytronic (LON:ZYT) Shares Pass Below 200-Day Moving Average – Here’s Why

Zytronic plc (LON:ZYT)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 53.39 ($0.66) and traded as low as GBX 51 ($0.63). Zytronic shares last traded at GBX 51 ($0.63), with a volume of 78,730 shares trading hands.

Zytronic Trading Down 2.9 %

The company has a market cap of £5.18 million, a P/E ratio of -392.31 and a beta of 0.86. The company has a current ratio of 9.03, a quick ratio of 6.28 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average of GBX 52.50 and a 200 day moving average of GBX 53.39.

Zytronic Company Profile

Zytronic is the developer and manufacturer of a unique range of internationally award-winning and patented touch sensor products, operating from three modern factories totaling 80,000ft2 near Newcastle-upon-Tyne in the United Kingdom.

Zytronic touch products employ an embedded sensing solution and are readily configurable to enable multi-user and multi-touch touch sensing sizes from five inches to ultra-large 85″, making them an ideal solution for system designers’ specific requirements, offering significant durability, environmental stability and optical enhancement benefits to touch interactivity for industrial, self-service and public access equipment.