Jade Road Investments (LON:JADE) Trading 5.3% Higher – Still a Buy?

Jade Road Investments (LON:JADE) shares were up 5.3% during mid-day trading on Friday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). Approximately 5,044 shares were traded during trading, a decline of 99% from the average daily volume of 563,716 shares. The stock had previously closed at GBX 0.19 ($0.00).

Jade Road Investments Price Performance

The business has a 50 day simple moving average of GBX 0.18 and a 200-day simple moving average of GBX 0.47. The company has a quick ratio of 58.34, a current ratio of 16.98 and a debt-to-equity ratio of 25.07. The company has a market capitalization of £952,847.20, a P/E ratio of -0.72 and a beta of 0.18.

Jade Road Investments Company Profile

Jade Road (JADE) is committed to providing shareholders with attractive, uncorrelated, risk-adjusted long-term returns from a combination of realising sustainable capital growth and delivering dividend income.
The Company is focused on providing growth capital and financing to emerging and established Small and Medium-Sized Enterprises (SMEs) throughout Asia, well-diversified by national geographies, instruments and asset classes.