Craneware (LON:CRW) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Craneware plc (LON:CRWGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,183.62 ($27.06) and traded as low as GBX 1,930.50 ($23.92). Craneware shares last traded at GBX 1,930.50 ($23.92), with a volume of 26,596 shares changing hands.

Analyst Upgrades and Downgrades

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

Read Our Latest Research Report on CRW

Craneware Price Performance

The stock has a market cap of £671.46 million, a price-to-earnings ratio of 7,307.69 and a beta of 0.28. The company has a 50 day simple moving average of GBX 2,188.03 and a 200-day simple moving average of GBX 2,181.86. The company has a current ratio of 0.63, a quick ratio of 1.00 and a debt-to-equity ratio of 12.22.

About Craneware

(Get Free Report)

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.

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