Shares of Herald (LON:HRI – Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 2,093.74 ($27.15) and traded as low as GBX 2,080 ($26.97). Herald shares last traded at GBX 2,080 ($26.97), with a volume of 249,777 shares traded.
Herald Stock Performance
The company has a market cap of £1.10 billion, a price-to-earnings ratio of 613.57 and a beta of 0.88. The firm’s 50-day moving average price is GBX 2,090.62 and its 200 day moving average price is GBX 2,141.07.
Herald Company Profile
Herald Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Herald Investment Management Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the technology, telecommunications, and multi-media sectors.
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