Insider Selling: Redcentric (LON:RCN) Insider Sells £62,948.80 in Stock

Redcentric plc (LON:RCN) insider Alan John Aubrey sold 39,343 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of GBX 160, for a total value of £62,948.80.

Redcentric Price Performance

RCN stock opened at GBX 99.48 on Wednesday. Redcentric plc has a 12-month low of GBX 95 and a 12-month high of GBX 160. The company has a quick ratio of 0.34, a current ratio of 1.56 and a debt-to-equity ratio of 85.17. The company’s fifty day simple moving average is GBX 121.07 and its 200 day simple moving average is GBX 120.25. The firm has a market cap of £158.50 million, a price-to-earnings ratio of 66.32 and a beta of 0.20.

Redcentric Company Profile

Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.