Craneware (LON:CRW) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Craneware plc (LON:CRW) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,142.55 ($27.03) and traded as low as GBX 2,080 ($26.24). Craneware shares last traded at GBX 2,098 ($26.47), with a volume of 731,900 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “buy” rating on shares of Craneware in a research note on Tuesday, December 10th.

Craneware Trading Up 2.6 %

The company has a quick ratio of 1.00, a current ratio of 0.63 and a debt-to-equity ratio of 12.22. The firm has a market capitalization of £901.44 million, a P/E ratio of 77.51 and a beta of 0.28. The firm has a 50 day moving average of GBX 2,091.03 and a 200-day moving average of GBX 2,142.55.

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.