Ramsdens (LON:RFX) Trading Up 0.5% – Here’s Why

Ramsdens Holdings PLC (LON:RFX) shot up 0.5% on Tuesday . The stock traded as high as GBX 212.80 ($2.76) and last traded at GBX 210 ($2.72). 241,213 shares changed hands during mid-day trading, an increase of 153% from the average session volume of 95,380 shares. The stock had previously closed at GBX 209 ($2.71).

Ramsdens Price Performance

The stock has a market cap of £66.99 million, a P/E ratio of 875.00 and a beta of 1.22. The company has a current ratio of 2.91, a quick ratio of 1.62 and a debt-to-equity ratio of 42.10. The company’s fifty day simple moving average is GBX 216.37 and its 200-day simple moving average is GBX 203.88.

Insider Activity at Ramsdens

In other news, insider Andrew David Meehan sold 125,000 shares of the stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of GBX 217 ($2.81), for a total transaction of £271,250 ($351,770.20). 19.77% of the stock is currently owned by company insiders.

About Ramsdens

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.