Koovs (LON:KOOV) Shares Pass Below 50 Day Moving Average – Time to Sell?

Koovs PLC (LON:KOOV) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 3.20 ($0.04) and traded as low as GBX 3 ($0.04). Koovs shares last traded at GBX 3.20 ($0.04), with a volume of 94,423 shares trading hands.

Koovs Price Performance

The company’s 50-day simple moving average is GBX 3.20 and its 200 day simple moving average is GBX 3.20. The company has a market capitalization of £12.86 million and a P/E ratio of -0.36. The company has a quick ratio of 0.78, a current ratio of 1.51 and a debt-to-equity ratio of 65.80.

Koovs Company Profile

Koovs plc supplies branded fashion garments and accessories through online fashion store, Koovs.com in India. The company offers dresses, tops, jumpsuits and playsuits, skirts, jeans, trousers and leggings, shorts, cardigans and pullovers, and coats and jackets for women; and shirts, T-shirts and polo shirts, jeans, vests, trousers and chinos, joggers, knitwear, shorts, hoodies and sweatshirts, coats and jackets, underwear and socks, loungewear, and tailoring for men.