Ramsdens (LON:RFX) Shares Up 1% – Should You Buy?

Ramsdens Holdings PLC (LON:RFX)’s share price traded up 1% during trading on Wednesday . The company traded as high as GBX 234.90 ($2.94) and last traded at GBX 234.90 ($2.94). 16,551 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 91,893 shares. The stock had previously closed at GBX 232.50 ($2.91).

Ramsdens Trading Up 1.0 %

The company’s 50-day simple moving average is GBX 223.73 and its 200 day simple moving average is GBX 213. 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 market capitalization of £74.93 million, a PE ratio of 978.75 and a beta of 1.22.

Insider Buying and Selling at Ramsdens

In related news, insider Andrew David Meehan sold 125,000 shares of the company’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of GBX 217 ($2.72), for a total transaction of £271,250 ($339,401.90). 19.77% of the stock is owned by insiders.

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.