Shares of Sportech plc (LON:SPO) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $33.14 and traded as low as $31.00. Sportech shares last traded at $31.50, with a volume of 1,470 shares.

Several research firms have recently issued reports on SPO. Peel Hunt reiterated a “hold” rating and set a GBX 40 ($0.52) price objective on shares of Sportech in a research report on Thursday, August 22nd. Peel Hunt reissued a “hold” rating and issued a GBX 40 ($0.52) target price on shares of Sportech in a report on Monday, August 19th.

The company has a debt-to-equity ratio of 17.79, a quick ratio of 1.08 and a current ratio of 1.20. The company has a market capitalization of $58.51 million and a P/E ratio of -15.75. The business’s fifty day simple moving average is GBX 33.13 and its 200-day simple moving average is GBX 33.14.

In related news, insider Richard Anthony McGuire acquired 130,000 shares of the company’s stock in a transaction on Tuesday, July 2nd. The stock was acquired at an average price of GBX 33 ($0.43) per share, with a total value of £42,900 ($56,056.45).

About Sportech (LON:SPO)

Sportech PLC, a sports entertainment company, provides technology solutions for gaming companies, sports teams, and racetracks in the United Kingdom, North America, South America, Europe, and internationally. It operates thorough Sportech Racing and Digital, Sportech Venues, and Corporate Costs segments.

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