Remote Monitored Systems (LON:RMS) Trading 40% Higher – Here’s What Happened

Remote Monitored Systems plc (LON:RMSGet Free Report)’s share price traded up 40% during mid-day trading on Tuesday . The company traded as high as GBX 0.95 ($0.01) and last traded at GBX 0.84 ($0.01). 221,309,688 shares traded hands during mid-day trading, an increase of 256% from the average session volume of 62,204,449 shares. The stock had previously closed at GBX 0.60 ($0.01).

Remote Monitored Systems Stock Up 40.0 %

The company has a quick ratio of 9.32, a current ratio of 9.48 and a debt-to-equity ratio of 0.54. The stock has a market cap of £17.46 million and a price-to-earnings ratio of -4.20. The business’s fifty day moving average is GBX 0.84 and its two-hundred day moving average is GBX 0.84.

Remote Monitored Systems Company Profile

(Get Free Report)

Remote Monitored Systems plc, together with its subsidiaries, engages in the provision of developing and manufacturing digital monitoring and safeguarding systems for rotating shafts in the United Kingdom and rest of Europe. It also offers security and risk management consultancy, and related software and services.

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