Rhipe (ASX:RHP) Shares Down 0.4%

Rhipe Ltd (ASX:RHP)’s stock price fell 0.4% on Tuesday . The company traded as low as A$2.57 ($1.82) and last traded at A$2.68 ($1.90), 284,363 shares traded hands during mid-day trading. The stock had previously closed at A$2.69 ($1.91).

The stock has a market capitalization of $375.51 million and a PE ratio of 60.91. The business’s fifty day moving average is A$2.70 and its 200-day moving average is A$2.57.

Rhipe Company Profile (ASX:RHP)

rhipe Limited, a cloud channel company, provides cloud based licensing programs and services to software vendors in the Asia Pacific. The company offers licensing, business development, and knowledge services to services providers, system integrators, and software vendors to accelerate the adoption of the cloud by end customers.

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