Touchstar (LON:TST) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Touchstar plc (LON:TST) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 61.49 and traded as low as GBX 60. Touchstar shares last traded at GBX 60, with a volume of 105,000 shares trading hands.

Touchstar Price Performance

The company’s 50-day simple moving average is GBX 61.49 and its 200 day simple moving average is GBX 73.65. The company has a market capitalization of £4.75 million, a P/E ratio of 143.54 and a beta of 1.26. The company has a quick ratio of 1.16, a current ratio of 1.81 and a debt-to-equity ratio of 5.86.

Insider Transactions at Touchstar

In related news, insider Lynden Jones purchased 7,617 shares of Touchstar stock in a transaction on Tuesday, February 10th. The stock was bought at an average price of GBX 66 per share, with a total value of £5,027.22. Insiders have acquired 25,421 shares of company stock valued at $1,646,570 in the last three months. Corporate insiders own 55.28% of the company’s stock.

About Touchstar

TouchStar Technologies Ltd has been supplying turnkey data collection and mobile computing solutions for industrial and commercial applications since 1982.

Global leaders such as Coca Cola Enterprises, Wincanton Logistics, Ford Motor Company, GSK, Tata Steel, Calor Gas and Certas have benefited from a highly professional approach to project fulfilment.

Our solutions are always ‘fit for purpose’ and supported & maintained for decades, preserving and future-proofing your initial capital investment.