Purplebricks Group (LON:PURP) Stock Price Down 3.1% – Here’s Why

Purplebricks Group plc (LON:PURP) was down 3.1% during mid-day trading on Thursday . The stock traded as low as GBX 0.25 ($0.00) and last traded at GBX 0.31 ($0.00). Approximately 16,646,898 shares traded hands during mid-day trading, an increase of 183% from the average daily volume of 5,883,356 shares. The stock had previously closed at GBX 0.32 ($0.00).

Purplebricks Group Stock Performance

The business has a fifty day moving average of GBX 0.31 and a 200-day moving average of GBX 0.31. The company has a market cap of £951,111.00, a PE ratio of -3.10, a P/E/G ratio of -0.05 and a beta of 2.01. The company has a current ratio of 1.67, a quick ratio of 1.99 and a debt-to-equity ratio of 18.34.

Purplebricks Group Company Profile

Purplebricks Group plc engages in the real estate agency business in the United Kingdom. The company provides services and technology to sell or let residential properties in the United Kingdom on behalf of the owner or landlord. It also engages in the letting of residential properties; and the provision of mortgage advisory services.