Blancco Technology Group Stock Price Surges Above $225.00 Fifty Day Moving Average
Technology

Blancco Technology Group Surges Above 50-Day Moving Average with Data Erasure Solutions: Market Performance and Insights

Eleanor Thompson

Blancco Technology Group plc’s stock price surpassed its 50-day moving average on Friday, reaching GBX 228. The company provides data erasure and mobile lifecycle solutions globally, with offerings such as Blancco Drive Eraser, Blancco File Eraser, and Blancco Removable Media Eraser. These solutions are designed to erase sensitive data from various devices and storage media.

The stock last traded at GBX 225 with a volume of 10,499 shares. The company’s 50-day simple moving average is GBX 225, while its two-hundred day simple moving average is GBX 224.48. Additionally, the firm has a debt-to-equity ratio of 0.61, a current ratio of 1.92, and a quick ratio of 1.61. Its market capitalization is £174.53 million, with a P/E ratio of 5,625.00 and a beta of 0.14.

Investors can stay updated on the company’s performance by subscribing to MarketBeat.com for news and analyst ratings.

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