Smiths News Plc (CNCT.L) (LON:CNCT) Stock Crosses Below 50-Day Moving Average of $25.70
Smiths News Plc (CNCT.L) (LON:CNCT) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 25.70 ($0.34) and traded as low as GBX 25.50 ($0.33). Smiths News Plc (CNCT.L) shares last traded at GBX 25.60 ($0.33), with a volume of 16,586 shares.
The company has a 50 day moving average of GBX 25.70 and a 200-day moving average of GBX 25.44. The stock has a market cap of £63.41 million and a price-to-earnings ratio of -1.41.
About Smiths News Plc (CNCT.L) (LON:CNCT)
Connect Group PLC, together with its subsidiaries, engages in the distribution of newspapers and mixed freight in the United Kingdom, Spain, France, Germany, the Netherlands, and internationally. The company operates through Smiths News and Tuffnells segments. The Smiths News segment distributes newspapers and magazines to 27,000 retailers from 39 distribution centers across England and Wales.
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