The Quarto Group (LON:QRT) Stock Price Passes Below 200 Day Moving Average – What’s Next?

The Quarto Group, Inc. (LON:QRT) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 140 ($1.76) and traded as low as GBX 112 ($1.41). The Quarto Group shares last traded at GBX 140 ($1.76), with a volume of 56,433 shares.

The Quarto Group Stock Up 12.0 %

The firm has a market capitalization of £57.25 million, a price-to-earnings ratio of 538.46 and a beta of 0.47. The company has a debt-to-equity ratio of 16.11, a quick ratio of 0.90 and a current ratio of 1.59. The business’s 50 day moving average is GBX 140 and its 200-day moving average is GBX 140.

About The Quarto Group

The Quarto Group, Inc publishes illustrated books and intellectual property products for adults, children, and families in the United States, the United Kingdom, Europe, and internationally. It operates through two segments, US Publishing and UK Publishing. The company creates and publishes books in various categories, such as baby foods, beverages, cooking methods, courses and dishes, entertaining, essays and narratives, health and healing, holiday, individual chefs and restaurants, media tie-in, history, references, regional and ethnic cooking, seasonal, and vegan and vegetarian cooking; art, crafts and hobbies, fashion and graphic design, graphic novels, music, performing arts, photography, and other design; biography, business and economics, poetry, history, political and social science, and true crime; kits, fiction, non-friction, and activity books; and computers, mathematics, nature, science, space, and technology and engineering.