Tungsten (LON:TUNG) Share Price Passes Below Two Hundred Day Moving Average of $33.04

Tungsten Co. plc (LON:TUNG) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 33.04 ($0.43) and traded as low as GBX 24.20 ($0.32). Tungsten shares last traded at GBX 24.80 ($0.32), with a volume of 11,611 shares.

The company has a market cap of £31.38 million and a price-to-earnings ratio of -0.90. The company has a debt-to-equity ratio of 13.17, a current ratio of 0.49 and a quick ratio of 0.42. The business’s 50-day simple moving average is GBX 27.84 and its 200-day simple moving average is GBX 33.04.

Tungsten Company Profile (LON:TUNG)

Tungsten Corporation plc operates an e-invoicing network that also provides trade finance and spend analytics. The company operates through Tungsten Network and Tungsten Network Finance segments. It offers e-invoicing solutions to streamline and digitize accounts payable processes; invoice data capture solutions; purchase order services; and analytics solutions to transform invoice data.

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