RBG (LON:RBGP) Sets New 1-Year Low – Should You Sell?

RBG Holdings plc (LON:RBGP) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.74 ($0.02), with a volume of 66579 shares changing hands. The stock had previously closed at GBX 1.63 ($0.02).

RBG Stock Performance

The business has a 50 day simple moving average of GBX 3.24 and a 200 day simple moving average of GBX 6.96. The company has a quick ratio of 1.61, a current ratio of 1.25 and a debt-to-equity ratio of 146.53. The company has a market capitalization of £2.24 million, a PE ratio of -10.24 and a beta of 0.51.

RBG Company Profile

RBG Holdings plc provides legal and professional services to companies, banks, entrepreneurs, and individuals in the United Kingdom, rest of Europe, North America, and internationally. It operates through Legal Services, Litigation Finance, and Other Professional Services segments. The company offers legal services in respect of commercial disputes, including claims for breach of contract, negligence, commercial fraud, shareholder, and company disputes, as well as cross-border insolvency services; and corporate investigations, financial crime, contentious probate, arbitration, and mediation services to companies, banks, entrepreneurs, and individuals.