Cirata (LON:WAND) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Cirata plc (LON:WAND) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 63.60 ($0.80) and traded as high as GBX 64.61 ($0.81). Cirata shares last traded at GBX 63.60 ($0.80), with a volume of 721,810 shares traded.

Cirata Price Performance

The company has a debt-to-equity ratio of 136.67, a current ratio of 0.93 and a quick ratio of 4.07. The firm has a market capitalization of £72.96 million, a price-to-earnings ratio of -117.78 and a beta of 0.70. The stock has a 50 day moving average price of GBX 63.60 and a two-hundred day moving average price of GBX 63.60.

Cirata Company Profile

WANdisco plc, together with its subsidiaries, engages in the development and provision of collaboration software in North America, Europe, China, and internationally. The company's WANdisco Data Activation Platform offers Data Migrator, an automated cloud migration solution that migrates HDFS data and Hive metadata to the cloud; Data Migrator for Azure, a native Azure service that enables users to migrate petabyte-scale Hadoop data and Hive metadata to the Azure cloud; and Edge to Cloud, a tool designed to move IoT and file data across edge systems, data centers, and public clouds to enable organizations to activate their data for AI, machine learning, and advanced analytics on modern cloud data platforms.