Cirata (LON:WAND) Shares Cross Below 200-Day Moving Average – Here’s Why

Cirata plc (LON:WAND)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 63.60 ($0.80) and traded as low as GBX 62 ($0.78). Cirata shares last traded at GBX 63.60 ($0.80), with a volume of 721,810 shares.

Cirata Stock Performance

The business’s fifty day moving average price is GBX 63.60 and its two-hundred day moving average price is GBX 63.60. The company has a debt-to-equity ratio of 136.67, a quick ratio of 4.07 and a current ratio of 0.93. The stock has a market capitalization of £72.96 million, a P/E ratio of -117.78 and a beta of 0.70.

About Cirata

WANdisco plc, together with its subsidiaries, engages in the development and provision of collaboration software in North America, Europe, China, and internationally. The company's WANdisco Data Activation Platform offers Data Migrator, an automated cloud migration solution that migrates HDFS data and Hive metadata to the cloud; Data Migrator for Azure, a native Azure service that enables users to migrate petabyte-scale Hadoop data and Hive metadata to the Azure cloud; and Edge to Cloud, a tool designed to move IoT and file data across edge systems, data centers, and public clouds to enable organizations to activate their data for AI, machine learning, and advanced analytics on modern cloud data platforms.