Tungsten (LON:TUNG) Shares Cross Below 50-Day Moving Average of $43.28

Tungsten Corp PLC (LON:TUNG) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $43.28 and traded as low as $46.48. Tungsten shares last traded at $46.48, with a volume of 2,250 shares.

The company has a fifty day moving average price of GBX 43.56. The company has a market capitalization of $59.89 million and a PE ratio of -17.59.

In other news, insider Andrew Doman acquired 209,983 shares of Tungsten stock in a transaction that occurred on Friday, April 12th. The stock was purchased at an average price of GBX 40 ($0.52) per share, for a total transaction of £83,993.20 ($109,751.99).

Tungsten Company Profile (LON:TUNG)

Tungsten Corporation Plc operates an e-invoicing network that also provides supply chain financing and spend analytics. The company operates through Tungsten Network and Tungsten Network Finance segments. It offers solutions for buyers, such as e-invoicing solutions to streamline and digitize accounts payable processes; analytics solutions to transform invoice data; workflow solutions for streamlining accounts payable processes; payment solutions to control cash flow and receive payment; and invoice data capture solutions.

Further Reading: Liquidity

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