Northamber (LON:NAR) Trading Down 3.2% – Here’s Why

Northamber plc (LON:NAR)’s share price fell 3.2% during mid-day trading on Thursday . The company traded as low as GBX 29 and last traded at GBX 30. 30,400 shares traded hands during mid-day trading, an increase of 37% from the average session volume of 22,199 shares. The stock had previously closed at GBX 31.

Northamber Stock Performance

The stock has a market cap of £8.13 million, a price-to-earnings ratio of -2.04 and a beta of -0.10. The business has a 50-day simple moving average of GBX 32.34 and a two-hundred day simple moving average of GBX 30.86.

Northamber (LON:NAR) last posted its quarterly earnings data on Monday, December 29th. The company reported GBX (14.69) earnings per share (EPS) for the quarter. Northamber had a negative net margin of 2.37% and a negative return on equity of 5.73%.

About Northamber

Northamber plc, together with its subsidiaries, engages in the supply of computer hardware, computer printers and peripheral products, computer telephony products, and other electronic transmission equipment in the United Kingdom. The company offers audio visual products, such as collaboration and conferencing, connectivity and control, interactive displays, lighting, live solutions, professional audio and displays, projection, and security and thermal solutions; and computer accessories and components, dictation, disk and memory, laptop/desktop PCs, mice and keyboards, monitors, tablets and virtual desktop.