Ramsdens (LON:RFX) Trading 1.1% Higher – Time to Buy?

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

Ramsdens Price 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’s fifty day moving average price is GBX 216.95 and its two-hundred day moving average price is 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.

Insider Buying and Selling at Ramsdens

In other Ramsdens news, insider Andrew David Meehan sold 125,000 shares of the firm’s stock in a transaction dated Friday, October 4th. The stock was 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.

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.