Smiths News Plc (CNCT.L) (LON:CNCT) Stock Passes Below 200 Day Moving Average of $25.60

Smiths News Plc (CNCT.L) (LON:CNCT)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 25.60 ($0.33) and traded as low as GBX 25.50 ($0.33). Smiths News Plc (CNCT.L) shares last traded at GBX 25.60 ($0.33), with a volume of 16,586 shares trading hands.

Smiths News Plc (CNCT.L) Price Performance

The stock’s fifty day simple moving average is GBX 25.60 and its 200-day simple moving average is GBX 25.60. The firm has a market cap of £63.41 million and a PE ratio of -1.41.

About Smiths News Plc (CNCT.L)

Connect Group PLC, together with its subsidiaries, engages in the distribution of newspapers and mixed freight in the United Kingdom, Spain, France, Germany, the Netherlands, and internationally. The company operates through Smiths News and Tuffnells segments. The Smiths News segment distributes newspapers and magazines to 27,000 retailers from 39 distribution centers across England and Wales.