Redde Northgate (LON:REDD) Shares Pass Above 50 Day Moving Average – Here’s Why

Redde Northgate plc (LON:REDDGet Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 429.50 ($5.57) and traded as high as GBX 433 ($5.62). Redde Northgate shares last traded at GBX 429.50 ($5.57), with a volume of 834,028 shares trading hands.

Redde Northgate Stock Performance

The firm has a market capitalization of £972.30 million, a PE ratio of 753.51, a P/E/G ratio of 0.54 and a beta of 1.66. The company has a debt-to-equity ratio of 76.56, a current ratio of 1.37 and a quick ratio of 1.21. The firm has a fifty day moving average price of GBX 429.50 and a 200 day moving average price of GBX 414.54.

About Redde Northgate

(Get Free Report)

Redde Northgate plc provides mobility solutions and automotive services in the United Kingdom, Spain, and Ireland. The company offers contact center support, sales, claim processing, customer service, and general insurance products; provides fleet management, rapid response, and recovery management services; and supplies and installs electric vehicle charging equipment.

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