Record plc (LON:REC – Get Free Report) shares rose 9.2% during mid-day trading on Thursday. The company traded as high as GBX 47.50 and last traded at GBX 47.50. 1,451,868 shares were traded during mid-day trading, an increase of 494% from the average session volume of 244,321 shares. The stock had previously closed at GBX 43.50.
Record Stock Performance
The company has a market capitalization of £92.75 million, a PE ratio of 12.40 and a beta of 0.77. The business’s 50-day moving average is GBX 43.15 and its 200-day moving average is GBX 47.80. The company has a debt-to-equity ratio of 24.30, a quick ratio of 4.03 and a current ratio of 49.85.
Insider Transactions at Record
In other news, insider Jan Witte sold 135,105 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of GBX 44, for a total transaction of £59,446.20. Corporate insiders own 46.34% of the company’s stock.
About Record
Record Financial Group is a leading specialist currency and asset manager with $102.7 billion in Assets Under Management Equivalents (as of 28th June 2024) for institutional clients, with global offices across London, Frankfurt, Zürich and Düsseldorf.
We have over 40 years’ experience in passive and active currency hedging, as well as return-seeking strategies. We can simplify currency for you and provide cost-effective solutions to almost all currency-related challenges. Our clients are asset managers, pension funds, foundations, and other institutional investors.
Our asset management team offers best in class, yield-seeking strategies across various private market asset classes including EM Debt, Digital Lending, Private Credit and Infrastructure strategies.
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