Ramsdens (LON:RFX) Shares Up 2.2% – Still a Buy?

Ramsdens Holdings PLC (LON:RFX)’s stock price shot up 2.2% during trading on Tuesday . The company traded as high as GBX 232 ($2.92) and last traded at GBX 230 ($2.90). 113,812 shares were traded during trading, an increase of 18% from the average session volume of 96,075 shares. The stock had previously closed at GBX 225 ($2.83).

Ramsdens Stock Performance

The business’s fifty day simple moving average is GBX 214.84 and its 200-day simple moving average is GBX 206.79. The company has a debt-to-equity ratio of 42.10, a quick ratio of 1.62 and a current ratio of 2.91. The firm has a market capitalization of £72.22 million, a PE ratio of 943.33 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 business’s stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of GBX 217 ($2.73), for a total transaction of £271,250 ($341,495.66). 19.77% of the stock is currently owned by company insiders.

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.