Arcontech Group (LON:ARC) Stock Passes Below 50 Day Moving Average of $169.84

Shares of Arcontech Group PLC (LON:ARC) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $169.84 and traded as low as $173.90. Arcontech Group shares last traded at $173.90, with a volume of 1,104 shares traded.

The firm has a 50-day moving average of GBX 170.11. The company has a market cap of $22.59 million and a P/E ratio of 20.36.

In related news, insider Richard Last sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of GBX 157 ($2.05), for a total value of £39,250 ($51,287.08).

About Arcontech Group (LON:ARC)

Arcontech Group Plc, together with its subsidiaries, develops and sells proprietary software in the United Kingdom, rest of Europe, Africa, North America, and the Asia Pacific. Its products include CityVision, a market data platform for real-time data reception, transformation, and publishing; CityVision Multi Vendor Contribution System, which enables the user to contribute data automatically and simultaneously to various destinations; and CityVision Cache, a real-time data repository.

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