Windar Photonics (LON:WPHO) Shares Pass Above 50-Day Moving Average - What's Next?

Key Points

• Windar Photonics PLC shares rose above the 50-day moving average of GBX 55.39 ($0.75), reaching a high of GBX 61.50 ($0.83) during trading.
• The company's market capitalization stands at £75.10 million, with a current ratio of 4.78 and a debt-to-equity ratio of 33.99.
• Windar specializes in developing light detection and ranging sensors used primarily on wind turbines across Europe, China, and Asia.

Windar Photonics PLC (LON:WPHO - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 55.39 ($0.75) and traded as high as GBX 61.50 ($0.83). Windar Photonics shares last traded at GBX 60.90 ($0.82), with a volume of 130,090 shares traded.

Windar Photonics Stock Down 0.1%

The firm has a market cap of £73.50 million, a PE ratio of -569.41 and a beta of 1.29. The company has a 50-day simple moving average of GBX 56.05 and a 200-day simple moving average of GBX 50.43. The company has a debt-to-equity ratio of 33.99, a current ratio of 4.78 and a quick ratio of 0.26.

Windar Photonics Company Profile

Windar Photonics PLC, through its subsidiaries, develops and sells light detection and ranging sensors, and associated products for use on electricity generating wind turbines in Europe, China, and rest of Asia. It offers WindEYE and WindVISION sensors, which measure wind speed by scanning a laser beam ahead of the wind turbines.