1pm plc (OPM.L) (LON:OPM) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Shares of 1pm plc (OPM.L) (LON:OPM) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 24 ($0.30) and traded as low as GBX 23.85 ($0.30). 1pm plc (OPM.L) shares last traded at GBX 24 ($0.30), with a volume of 210,788 shares trading hands.

1pm plc (OPM.L) Price Performance

The firm has a market cap of £21.69 million and a price-to-earnings ratio of 14.12. The company has a debt-to-equity ratio of 5.15, a quick ratio of 1.94 and a current ratio of 1.98. The business has a 50 day simple moving average of GBX 24 and a 200-day simple moving average of GBX 24.

About 1pm plc (OPM.L)

1pm plc, together with its subsidiaries, provides financial products and services to consumers and businesses in the United Kingdom. The company operates through four segments: Asset Finance, Vehicle Finance, Loan Finance, and Invoice Finance. It offers lease finance and hire purchase services, cash flow finance and business funding services, and business loans to small and medium-sized enterprises.