Rosslyn Data Technologies (LON:RDT) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Rosslyn Data Technologies plc (LON:RDTGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 8.01 ($0.10) and traded as low as GBX 4.90 ($0.06). Rosslyn Data Technologies shares last traded at GBX 4.90 ($0.06), with a volume of 63,738 shares traded.

Rosslyn Data Technologies Trading Up 4.3 %

The business has a 50 day simple moving average of GBX 4.85 and a 200-day simple moving average of GBX 8.01. The stock has a market capitalization of £865,340.00, a price-to-earnings ratio of -61.25 and a beta of 0.41. The company has a current ratio of 1.67, a quick ratio of 0.77 and a debt-to-equity ratio of 31.57.

Insiders Place Their Bets

In other news, insider James Appleby acquired 5,280,000 shares of Rosslyn Data Technologies stock in a transaction that occurred on Tuesday, October 29th. The shares were acquired at an average price of GBX 500 ($6.08) per share, with a total value of £26,400,000 ($32,120,695.95). Insiders own 17.68% of the company’s stock.

Rosslyn Data Technologies Company Profile

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