Ramsdens (LON:RFX) Shares Up 2.2% – What’s Next?

Ramsdens Holdings PLC (LON:RFX) traded up 2.2% during trading on Tuesday . The company traded as high as GBX 232 ($2.94) and last traded at GBX 230 ($2.92). 113,812 shares were traded during mid-day trading, an increase of 18% from the average session volume of 96,075 shares. The stock had previously closed at GBX 225 ($2.86).

Ramsdens Stock Performance

The company has a quick ratio of 1.62, a current ratio of 2.91 and a debt-to-equity ratio of 42.10. The firm has a 50-day moving average of GBX 214.76 and a 200 day moving average of GBX 206.52. The stock has a market capitalization of £73.37 million, a P/E ratio of 958.33 and a beta of 1.22.

Insider Activity

In related news, insider Andrew David Meehan sold 125,000 shares of the business’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of GBX 217 ($2.75), for a total value of £271,250 ($344,225.89). Corporate insiders own 19.77% of the company’s stock.

Ramsdens Company Profile

Ramsdens Holdings PLC engages in the provision of diversified financial services in the United Kingdom and internationally. It operates through four segments: Foreign Currency Exchange, Pawnbroking, Jewellery Retail, and Purchase of Precious Metals. The company engages in the sale and purchase of foreign currency notes to holidaymakers, as well as offers travel cards and international bank-to-bank payments; and provision of pawnbroking and asset backed lending services.