Ramsdens (LON:RFX) Shares Up 2.2% – Should You Buy?

Ramsdens Holdings PLC (LON:RFX)’s stock price shot up 2.2% during trading on Tuesday . The company traded as high as GBX 232 ($2.94) and last traded at GBX 230 ($2.92). 113,812 shares were traded during trading, an increase of 18% from the average session volume of 96,075 shares. The stock had previously closed at GBX 225 ($2.86).

Ramsdens Stock Up 2.2 %

The stock has a market cap of £73.37 million, a price-to-earnings ratio of 958.33 and a beta of 1.22. The company has a debt-to-equity ratio of 42.10, a quick ratio of 1.62 and a current ratio of 2.91. The firm’s 50-day simple moving average is GBX 214.76 and its two-hundred day simple moving average is GBX 206.52.

Insider Activity

In other Ramsdens news, insider Andrew David Meehan sold 125,000 shares of the business’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of GBX 217 ($2.75), for a total transaction of £271,250 ($344,225.89). 19.77% of the stock is owned by insiders.

About Ramsdens

Ramsdens Holdings PLC engages in the provision of diversified financial services in the United Kingdom and internationally. It operates through four segments: Foreign Currency Exchange, Pawnbroking, Jewellery Retail, and Purchase of Precious Metals. The company engages in the sale and purchase of foreign currency notes to holidaymakers, as well as offers travel cards and international bank-to-bank payments; and provision of pawnbroking and asset backed lending services.