Marechale Capital (LON:MAC) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Marechale Capital Plc (LON:MAC) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.58 ($0.02) and traded as low as GBX 1.31 ($0.02). Marechale Capital shares last traded at GBX 1.31 ($0.02), with a volume of 48,723 shares changing hands.

Marechale Capital Stock Performance

The company’s fifty day simple moving average is GBX 1.74 and its two-hundred day simple moving average is GBX 1.58. The company has a debt-to-equity ratio of 0.67, a quick ratio of 5.58 and a current ratio of 47.63. The stock has a market capitalization of £1.37 million, a P/E ratio of -7.48 and a beta of 0.42.

About Marechale Capital

Marechale Capital Plc engages in the provision of professional advisory and broking services to companies in the United Kingdom. It offers capital raising services, such as equity financing, mezzanine, and debt financing services. The company also provides advisory services, including strategic review and consultancy, growth capital, and refinancing and exit advice.