Raspberry Pi (LON:RPI) Reaches New 1-Year High – Should You Buy?

Shares of Raspberry Pi Holdings (LON:RPI) hit a new 52-week high during trading on Thursday . The company traded as high as GBX 768 ($9.53) and last traded at GBX 765.50 ($9.50), with a volume of 514811 shares trading hands. The stock had previously closed at GBX 740.50 ($9.19).

Raspberry Pi Trading Down 3.4 %

The stock’s 50 day moving average price is GBX 585.08 and its 200 day moving average price is GBX 441.23. The firm has a market cap of £1.37 billion and a PE ratio of 5,688.46.

Insider Buying and Selling at Raspberry Pi

In other news, insider Eben Upton CBE sold 30,000 shares of the company’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of GBX 620 ($7.69), for a total value of £186,000 ($230,740.60). Also, insider David Ranken Gammon sold 56,000 shares of Raspberry Pi stock in a transaction on Friday, January 31st. The stock was sold at an average price of GBX 710 ($8.81), for a total transaction of £397,600 ($493,239.05). 73.73% of the stock is currently owned by corporate insiders.

Raspberry Pi Company Profile

Our mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of engineers and enthusiasts all over the world.

Since 2012, we’ve been designing single-board and modular computers, built on the Arm architecture, and running the Linux operating system. Whether you’re an educator looking to excite the next generation of computer scientists; an enthusiast searching for inspiration for your next project; or an OEM who needs a proven rock-solid foundation for your next generation of smart products, there’s a Raspberry Pi computer for you.

That’s not all we do.