Record (LON:REC) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Record plc (LON:REC)’s share price crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 49.57 and traded as high as GBX 51. Record shares last traded at GBX 50.40, with a volume of 318,408 shares changing hands.

Record Stock Up 0.4%

The company has a current ratio of 49.85, a quick ratio of 4.03 and a debt-to-equity ratio of 24.30. The firm has a market capitalization of £101.54 million, a P/E ratio of 13.58 and a beta of 0.77. The company’s fifty day simple moving average is GBX 44.61 and its 200 day simple moving average is GBX 49.54.

Record (LON:REC) last posted its earnings results on Friday, November 6th. The company reported GBX 2.84 EPS for the quarter. The firm had revenue of GBX 2,276 million during the quarter. Record had a net margin of 19.03% and a return on equity of 27.84%. Research analysts expect that Record plc will post 4.69 EPS for the current year.

Record Company Profile

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.