Record (LON:REC) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Record plc (LON:REC – Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 50.54 and traded as low as GBX 41.50. Record shares last traded at GBX 43.50, with a volume of 288,570 shares traded.

Record Trading Up 4.3%

The company has a quick ratio of 4.03, a current ratio of 49.85 and a debt-to-equity ratio of 24.30. The firm’s 50 day simple moving average is GBX 44.14 and its two-hundred day simple moving average is GBX 50.54. The stock has a market cap of £84.94 million, a P/E ratio of 11.36 and a beta of 0.77.

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Record (LON:REC – Get Free Report) last posted its quarterly earnings results on Friday, June 19th. The company reported GBX 3.92 earnings per share (EPS) for the quarter. Record had a net margin of 19.03% and a return on equity of 27.84%. The company had revenue of GBX 4,010 million for the quarter. As a group, equities research analysts predict that Record plc will post 4.691358 earnings per share for the current fiscal year.

Insider Transactions at Record

In other Record news, insider Jan Witte sold 135,105 shares of Record stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of GBX 44, for a total value of £59,446.20. 46.33% of the stock is owned by corporate insiders.

Record Company Profile

(Get Free Report)

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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