Redcentric plc (LON:RCN – Get Free Report) shares hit a new 52-week low on Tuesday . The stock traded as low as GBX 95 and last traded at GBX 97.50, with a volume of 160923 shares. The stock had previously closed at GBX 97.
Redcentric Stock Performance
The stock’s 50-day moving average is GBX 105.47 and its 200-day moving average is GBX 116.24. The company has a current ratio of 1.56, a quick ratio of 0.34 and a debt-to-equity ratio of 85.17. The stock has a market cap of £100.02 million, a price-to-earnings ratio of 65.00 and a beta of 0.21.
Insider Activity
In other Redcentric news, insider Alan John Aubrey sold 39,343 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of GBX 160, for a total value of £62,948.80. Also, insider John Radziwill sold 9,345,454 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of GBX 160, for a total value of £14,952,726.40. Over the last three months, insiders sold 21,331,936 shares of company stock worth $3,413,109,760. 48.23% of the stock is currently owned by company insiders.
Redcentric Company Profile
Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.
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