Crimson Tide (LON:TIDE) Stock Price Up 0.1% – Here’s What Happened

Crimson Tide plc (LON:TIDE) shares traded up 0.1% during mid-day trading on Monday. The stock traded as high as GBX 97.50 and last traded at GBX 95.05. 914 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 6,899 shares. The stock had previously closed at GBX 95.

Crimson Tide Stock Performance

The company has a current ratio of 2.77, a quick ratio of 4.25 and a debt-to-equity ratio of 3.12. The stock has a market cap of £6.25 million, a PE ratio of 22.58 and a beta of 0.98. The business’s 50-day moving average price is GBX 96.46 and its 200-day moving average price is GBX 90.74.

Insiders Place Their Bets

In other news, insider John Clarke bought 20,170 shares of Crimson Tide stock in a transaction that occurred on Tuesday, September 15th. The stock was bought at an average price of GBX 98 per share, for a total transaction of £19,766.60. Also, insider James Richard Joyce acquired 11,345 shares of Crimson Tide stock in a transaction dated Monday, August 24th. The stock was purchased at an average price of GBX 87 per share, with a total value of £9,870.15. Company insiders own 25.75% of the company’s stock.

About Crimson Tide

Crimson Tide plc provides mobility solutions and related software development services primarily in the United Kingdom and Ireland. It provides mpro5, a mobile business solution that provides software, Windows Azure cloud infrastructure, and installation and support, as well as job scheduling, alerting, and reporting services. The company is also involved in reselling third party software, and related development and support services. Crimson Tide plc was incorporated in 1911 and is based in Tunbridge Wells, the United Kingdom.