Gem Diamonds (LON:GEMD) Share Price Passes Above 200-Day Moving Average of $11.13

Gem Diamonds Limited (LON:GEMDGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 11.13 ($0.14) and traded as high as GBX 13.90 ($0.18). Gem Diamonds shares last traded at GBX 13.05 ($0.17), with a volume of 490,437 shares trading hands.

Gem Diamonds Trading Up 0.8 %

The company has a debt-to-equity ratio of 20.41, a current ratio of 1.04 and a quick ratio of 1.09. The business’s 50 day moving average price is GBX 12.78 and its 200-day moving average price is GBX 11.15. The firm has a market capitalization of £18.37 million, a price-to-earnings ratio of -1,315.00, a price-to-earnings-growth ratio of 0.18 and a beta of 1.48.

About Gem Diamonds

(Get Free Report)

Gem Diamonds Limited, together with its subsidiaries, operates diamond mines. It also produces, manufactures, sells, and markets rough and polished diamonds; and provides technical, financial, and management consulting services. It operates in Lesotho, Botswana, Belgium, British Virgin Islands, South Africa, the United Kingdom, and Cyprus.

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