Sophos Group plc (SOPH.L) (LON:SOPH) Shares Cross Above 50 Day Moving Average – Time to Sell?

Shares of Sophos Group plc (SOPH.L) (LON:SOPH) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 580.40 ($7.30) and traded as high as GBX 580.40 ($7.30). Sophos Group plc (SOPH.L) shares last traded at GBX 580.40 ($7.30), with a volume of 68,853 shares changing hands.

Sophos Group plc (SOPH.L) Stock Performance

The stock has a market cap of £2.99 billion and a price-to-earnings ratio of 341.41. The company has a debt-to-equity ratio of 168.23, a current ratio of 0.44 and a quick ratio of 0.42. The firm has a fifty day moving average of GBX 580.40 and a 200 day moving average of GBX 580.40.

About Sophos Group plc (SOPH.L)

Sophos Group plc, through its subsidiaries, provides cloud-enabled end-user and network security solutions. The company offers Intercept X, which delivers endpoint protection against unknown malware, exploits, and ransomware; XG Firewall, a next generation firewall that provides unprecedented visibility for networks, users, and applications directly from the control center; Sophos Central, a unified cloud administration console for managing various Sophos products; and Cloud Optix that offers artificial intelligence-based cloud security analytics, compliance, and DevSecOps platform to provide end-to-end protection in public cloud services.