Zytronic (LON:ZYT) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Shares of Zytronic plc (LON:ZYT) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 50.98 ($0.66) and traded as low as GBX 39.60 ($0.51). Zytronic shares last traded at GBX 40.75 ($0.53), with a volume of 57,427 shares traded.

Zytronic Trading Up 1.9 %

The company has a market cap of £4.14 million, a PE ratio of -3.20 and a beta of 0.86. The firm’s 50-day simple moving average is GBX 48.49 and its two-hundred day simple moving average is GBX 50.91.

About Zytronic

Zytronic is the developer and manufacturer of a unique range of internationally award-winning and patented touch sensor products, operating from three modern factories totaling 80,000ft2 near Newcastle-upon-Tyne in the United Kingdom.

Zytronic touch products employ an embedded sensing solution and are readily configurable to enable multi-user and multi-touch touch sensing sizes from five inches to ultra-large 85″, making them an ideal solution for system designers’ specific requirements, offering significant durability, environmental stability and optical enhancement benefits to touch interactivity for industrial, self-service and public access equipment.