Nasstar (LON:NASA) Stock Price Down 87.7% – Here’s What Happened

Nasstar Plc (LON:NASAGet Free Report) was down 87.7% on Monday . The company traded as low as GBX 12.75 ($0.16) and last traded at GBX 12.75 ($0.16). Approximately 6,100 shares were traded during trading, a decline of 100% from the average daily volume of 1,297,483 shares. The stock had previously closed at GBX 104 ($1.33).

Nasstar Price Performance

The firm’s fifty day moving average is GBX 12.75 and its two-hundred day moving average is GBX 12.75. The firm has a market cap of £78.62 million and a price-to-earnings ratio of -56.25. The company has a debt-to-equity ratio of 12.99, a current ratio of 1.07 and a quick ratio of 1.06.

Nasstar Company Profile

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Nasstar plc, together with its subsidiaries, provides hosted managed and cloud computing services primarily in the United Kingdom. The company offers nSecureSign, which enables secure digital signing of various documents; nSecureWeb Gateway, a Web proxy that protects organization's users from Web based threats; and nMDM, a mobile device management solution, which delivers mobile management platform to manage and secure organization's mobile devices.

Further Reading

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