Windar Photonics (LON:WPHO) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of Windar Photonics PLC (LON:WPHO) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 44.54 and traded as low as GBX 41. Windar Photonics shares last traded at GBX 43, with a volume of 129,959 shares traded.

Windar Photonics Stock Performance

The stock has a market cap of £41.44 million, a price-to-earnings ratio of -28.67 and a beta of 1.29. The company’s 50 day simple moving average is GBX 44.54 and its 200 day simple moving average is GBX 52.44. The company has a debt-to-equity ratio of 33.99, a quick ratio of 0.26 and a current ratio of 4.78.

Windar Photonics Company Profile

Windar Photonics PLC, through its subsidiaries, develops and sells light detection and ranging sensors, and associated products for use on electricity generating wind turbines in Europe, China, and rest of Asia. It offers WindEYE and WindVISION sensors, which measure wind speed by scanning a laser beam ahead of the wind turbines. The company also provides WindTIMIZER that works as a mediator between the WindEYE and the wind turbine controller; and retrofit control system. Windar Photonics PLC was incorporated in 2014 and is based in London, the United Kingdom.