Craneware (LON:CRW) Shares Pass Below 200-Day Moving Average – Time to Sell?

Shares of Craneware plc (LON:CRW) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,162.93 ($26.83) and traded as low as GBX 1,840 ($22.83). Craneware shares last traded at GBX 1,880 ($23.32), with a volume of 180,889 shares.

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of Craneware in a report on Tuesday, December 10th.

Craneware Stock Up 4.7 %

The company has a market cap of £664.39 million, a price-to-earnings ratio of 7,230.77 and a beta of 0.28. The company has a debt-to-equity ratio of 12.22, a quick ratio of 1.00 and a current ratio of 0.63. The stock’s fifty day moving average is GBX 2,137.13 and its two-hundred day moving average is GBX 2,162.93.

Craneware Company Profile

The Craneware Group, the market leader in automated value cycle solutions, including 340B management, collaborates with U.S. healthcare providers to plan, execute, and monitor operational and financial performance so they can continue to deliver quality care to their communities. Customers choose The Craneware Group’s Trisus data and applications platform as their key to navigating the journey to financially sustainable value-based care.