Armadale Capital (LON:ACP) Shares Cross Above Fifty Day Moving Average of $0.79

Shares of Armadale Capital Plc (LON:ACP) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 0.79 ($0.01) and traded as high as GBX 0.85 ($0.01). Armadale Capital shares last traded at GBX 0.80 ($0.01), with a volume of 785,194 shares trading hands.

Armadale Capital Price Performance

The business’s fifty day moving average is GBX 0.79 and its 200 day moving average is GBX 0.84. The company has a current ratio of 4.33, a quick ratio of 41.47 and a debt-to-equity ratio of 11.23. The company has a market cap of £4.99 million, a P/E ratio of -17.75 and a beta of 0.94.

Armadale Capital Company Profile

Armadale Capital Plc, an investment company, focuses on natural resources projects in Africa. It holds 100% interest in the Mahenge Liandu Graphite project located in Tanzania. The company was formerly known as Watermark Global Plc and changed its name to Armadale Capital Plc in July 2013. Armadale Capital Plc was incorporated in 2005 and is headquartered in Esher, the United Kingdom.