Nasstar (LON:NASA) Stock Passes Above Fifty Day Moving Average of $12.75

Nasstar Plc (LON:NASA)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 12.75 ($0.17) and traded as high as GBX 12.75 ($0.17). Nasstar shares last traded at GBX 12.75 ($0.17), with a volume of 6,100 shares traded.

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 stock has a market capitalization of ¬£78.62 million and a price-to-earnings ratio of -56.25. The company’s 50-day simple moving average is GBX 12.75 and its 200 day simple moving average is GBX 13.36.

About Nasstar (LON:NASA)

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.

Further Reading: Why does a company issue an IPO?

Receive News & Ratings for Nasstar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nasstar and related companies with MarketBeat.com's FREE daily email newsletter.