Castleton Technology (LON:CTP) Stock Passes Below Fifty Day Moving Average of $102.08

Castleton Technology PLC (LON:CTP)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $102.08 and traded as low as $98.00. Castleton Technology shares last traded at $100.90, with a volume of 6,019 shares traded.

Separately, FinnCap lifted their price objective on shares of Castleton Technology from GBX 125 ($1.63) to GBX 140 ($1.83) and gave the stock a “corporate” rating in a research report on Tuesday, June 18th.

The firm has a market capitalization of $81.71 million and a PE ratio of 20.83. The company’s 50-day moving average price is GBX 102.05 and its 200-day moving average price is GBX 100.89. The company has a debt-to-equity ratio of 23.62, a quick ratio of 0.64 and a current ratio of 0.71.

The business also recently declared a dividend, which will be paid on Monday, September 23rd. Investors of record on Thursday, August 22nd will be paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, August 22nd. This represents a yield of 0.95%. Castleton Technology’s dividend payout ratio is currently 0.42%.

Castleton Technology Company Profile (LON:CTP)

Castleton Technology plc, an investment holding company, provides software and managed services to the public and not-for-profit sectors in the United Kingdom and Australia. It operates through Managed Services and Software Solutions segments. The Managed Services segment offers information technology (IT) infrastructure and support for businesses.

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