Smiths News Plc (CNCT.L) (LON:CNCT) Shares Pass Above 50 Day Moving Average – Time to Sell?

Posted by Donna Armstrong on Nov 17th, 2024

Smiths News Plc (CNCT.L) (LON:CNCT – Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 25.60 ($0.32) and traded as high as GBX 26.40 ($0.33). Smiths News Plc (CNCT.L) shares last traded at GBX 25.60 ($0.32), with a volume of 16,586 shares traded.

Smiths News Plc (CNCT.L) Stock Performance

The firm has a market cap of £63.41 million and a price-to-earnings ratio of -1.41. The business has a fifty day moving average of GBX 25.60 and a two-hundred day moving average of GBX 25.60.

About Smiths News Plc (CNCT.L)

(Get Free Report)

Connect Group PLC, together with its subsidiaries, engages in the distribution of newspapers and mixed freight in the United Kingdom, Spain, France, Germany, the Netherlands, and internationally. The company operates through Smiths News and Tuffnells segments. The Smiths News segment distributes newspapers and magazines to 27,000 retailers from 39 distribution centers across England and Wales.