CareTech (LON:CTH) Stock Passes Above 200-Day Moving Average – Here’s What Happened

CareTech Holdings PLC (LON:CTHGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 750 ($9.47) and traded as high as GBX 750 ($9.47). CareTech shares last traded at GBX 750 ($9.47), with a volume of 424,247 shares changing hands.

CareTech Stock Performance

The company has a debt-to-equity ratio of 110.31, a quick ratio of 0.91 and a current ratio of 0.95. The stock’s 50-day moving average price is GBX 750 and its 200-day moving average price is GBX 750. The company has a market capitalization of £850.02 million and a price-to-earnings ratio of 10,714.29.

CareTech Company Profile

(Get Free Report)

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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