Gem Diamonds (LON:GEMD) Share Price Crosses Above 200-Day Moving Average of $11.13

Gem Diamonds Limited (LON:GEMD)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 11.13 ($0.14) and traded as high as GBX 13.90 ($0.18). Gem Diamonds shares last traded at GBX 13.05 ($0.17), with a volume of 490,437 shares changing hands.

Gem Diamonds Trading Up 0.8 %

The company has a quick ratio of 1.09, a current ratio of 1.04 and a debt-to-equity ratio of 20.41. The firm has a market cap of £18.37 million, a price-to-earnings ratio of -1,315.00, a price-to-earnings-growth ratio of 0.18 and a beta of 1.48. The business’s fifty day moving average is GBX 12.78 and its two-hundred day moving average is GBX 11.15.

Gem Diamonds Company Profile

Gem Diamonds Limited, together with its subsidiaries, operates diamond mines. It also produces, manufactures, sells, and markets rough and polished diamonds; and provides technical, financial, and management consulting services. It operates in Lesotho, Botswana, Belgium, British Virgin Islands, South Africa, the United Kingdom, and Cyprus.