CareTech (LON:CTH) Share Price Passes Below 200 Day Moving Average – Time to Sell?

CareTech Holdings PLC (LON:CTHGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 750 ($9.73) and traded as low as GBX 748 ($9.70). CareTech shares last traded at GBX 750 ($9.73), with a volume of 424,247 shares.

CareTech Stock Performance

The firm’s fifty day moving average is GBX 750 and its 200-day moving average is GBX 750. The company has a current ratio of 0.95, a quick ratio of 0.91 and a debt-to-equity ratio of 110.31. The stock has a market capitalization of £850.02 million and a PE ratio of 10,714.29.

CareTech Company Profile

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CareTech Holdings PLC provides care and support services for children and adults in the United Kingdom. It operates in four segments: Adults Services, Children's Services, Foster Care, and Digital Technology. The Adult Services segment offers care and residential services for adults with learning disabilities, mental health and autistic spectrum disorders, physical impairment, and brain injury.

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