Ramsdens (LON:RFX) Shares Up 1.1% – Here’s What Happened

Shares of Ramsdens Holdings PLC (LON:RFX) rose 1.1% during mid-day trading on Tuesday . The company traded as high as GBX 229 ($2.93) and last traded at GBX 227.50 ($2.91). Approximately 23,633 shares were traded during trading, a decline of 74% from the average daily volume of 92,533 shares. The stock had previously closed at GBX 225 ($2.87).

Ramsdens Price Performance

The firm has a 50 day moving average price of GBX 216.95 and a 200 day moving average price of GBX 209.97. The stock has a market capitalization of £71.30 million, a PE ratio of 947.92 and a beta of 1.22. The company has a current ratio of 2.91, a quick ratio of 1.62 and a debt-to-equity ratio of 42.10.

Insiders Place Their Bets

In other Ramsdens news, insider Andrew David Meehan sold 125,000 shares of the company’s stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of GBX 217 ($2.77), for a total value of £271,250 ($346,556.79). Company insiders own 19.77% of the company’s stock.

About Ramsdens

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.