Zytronic (LON:ZYT) Shares Down 21.6% – Here’s Why

Zytronic plc (LON:ZYT)’s stock price traded down 21.6% during trading on Wednesday . The company traded as low as GBX 39.50 ($0.50) and last traded at GBX 41.15 ($0.52). 451,060 shares traded hands during trading, an increase of 935% from the average session volume of 43,590 shares. The stock had previously closed at GBX 52.50 ($0.66).

Zytronic Price Performance

The company has a market cap of £4.18 million, a P/E ratio of -3.24 and a beta of 0.86. The company’s 50-day moving average is GBX 53.08 and its two-hundred day moving average is GBX 53.13.

Zytronic Company Profile

Zytronic is the developer and manufacturer of a unique range of internationally award-winning and patented touch sensor products, operating from three modern factories totaling 80,000ft2 near Newcastle-upon-Tyne in the United Kingdom.

Zytronic touch products employ an embedded sensing solution and are readily configurable to enable multi-user and multi-touch touch sensing sizes from five inches to ultra-large 85″, making them an ideal solution for system designers’ specific requirements, offering significant durability, environmental stability and optical enhancement benefits to touch interactivity for industrial, self-service and public access equipment.