Watchstone Group (LON:WTG) Shares Up 18.3% – Here’s Why

Watchstone Group plc (LON:WTGGet Free Report)’s share price rose 18.3% during trading on Thursday . The stock traded as high as GBX 40.22 ($0.51) and last traded at GBX 40.22 ($0.51). Approximately 364 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 40,741 shares. The stock had previously closed at GBX 34 ($0.43).

Watchstone Group Stock Performance

The stock has a market capitalization of £18.52 million and a PE ratio of 2.41. The business has a 50 day moving average price of GBX 40.22 and a 200 day moving average price of GBX 40.22. The company has a debt-to-equity ratio of 0.00, a current ratio of 9.30 and a quick ratio of 9.28.

About Watchstone Group

(Get Free Report)

Watchstone Group plc does not have significant operations. Previously, it was involved in the insurance telematics business in the United Kingdom. The company was formerly known as Quindell Plc and changed its name to Watchstone Group plc in November 2015. Watchstone Group plc was founded in 2000 and is based in Eastleigh, the United Kingdom.

Further Reading

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