Nasstar (LON:NASA) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Nasstar Plc (LON:NASAGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 12.75 ($0.17) and traded as low as GBX 12.75 ($0.17). Nasstar shares last traded at GBX 12.75 ($0.17), with a volume of 6,100 shares.

Nasstar Stock Down 87.7 %

The stock has a market capitalization of £78.62 million and a price-to-earnings ratio of -56.25. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 12.99. The business’s 50-day moving average is GBX 12.75 and its two-hundred day moving average is GBX 12.75.

About Nasstar

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Nasstar plc, together with its subsidiaries, provides hosted managed and cloud computing services primarily in the United Kingdom. The company offers nSecureSign, which enables secure digital signing of various documents; nSecureWeb Gateway, a Web proxy that protects organization's users from Web based threats; and nMDM, a mobile device management solution, which delivers mobile management platform to manage and secure organization's mobile devices.

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