Gem Diamonds (LON:GEMD) Trading Down 10.6% – Should You Sell?

Gem Diamonds Limited (LON:GEMD) shares fell 10.6% during mid-day trading on Friday . The company traded as low as GBX 2.75 ($0.04) and last traded at GBX 2.90 ($0.04). 285,143 shares changed hands during trading, a decline of 4% from the average session volume of 298,332 shares. The stock had previously closed at GBX 3.25 ($0.04).

Gem Diamonds Trading Down 10.6%

The company has a market cap of £4.06 million, a P/E ratio of -0.37, a P/E/G ratio of 0.18 and a beta of 1.51. The business has a fifty day simple moving average of GBX 4.27 and a 200 day simple moving average of GBX 6.14. The company has a debt-to-equity ratio of 30.82, a quick ratio of 1.09 and a current ratio of 1.56.

Gem Diamonds Company Profile