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Tristel (LON:TSTL) Share Price Crosses Below Two Hundred Day Moving Average - What's Next?

Tristel logo with Medical background

Tristel plc (LON:TSTL - Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 369.11 ($5.01) and traded as low as GBX 340.10 ($4.62). Tristel shares last traded at GBX 352.79 ($4.79), with a volume of 119,868 shares traded.

Tristel Stock Performance

The firm's fifty day simple moving average is GBX 348.66 and its 200 day simple moving average is GBX 369.11. The company has a market capitalization of £169.59 million, a price-to-earnings ratio of 25.98 and a beta of 0.23. The company has a debt-to-equity ratio of 18.09, a current ratio of 3.75 and a quick ratio of 3.83.

Insiders Place Their Bets

In related news, insider Matthew (Matt) Giovanni Sassone purchased 3,500 shares of Tristel stock in a transaction dated Wednesday, March 26th. The stock was acquired at an average cost of GBX 310 ($4.21) per share, with a total value of £10,850 ($14,733.84). Corporate insiders own 4.89% of the company's stock.

About Tristel

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