Arden Partners plc (ARDN.L) (LON:ARDN) Stock Price Down 8.7%


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Arden Partners plc (ARDN.L) (LON:ARDN) shares traded down 8.7% on Monday . The company traded as low as GBX 9.02 ($0.12) and last traded at GBX 10.50 ($0.14). 99,539 shares changed hands during mid-day trading, an increase of 283% from the average session volume of 25,956 shares. The stock had previously closed at GBX 11.50 ($0.15).

The company’s 50 day moving average is GBX 11.76 and its 200-day moving average is GBX 11.08. The stock has a market cap of £3.92 million and a PE ratio of -1.02. The company has a current ratio of 2.18, a quick ratio of 2.00 and a debt-to-equity ratio of 6.27.

In related news, insider James (Jim) Clive Reed-Daunter purchased 2,411 shares of Arden Partners plc (ARDN.L) stock in a transaction dated Thursday, December 10th. The stock was bought at an average cost of GBX 12 ($0.16) per share, with a total value of £289.32 ($378.00).

About Arden Partners plc (ARDN.L) (LON:ARDN)

Arden Partners plc operates as a multi-service stockbroker that provides a range of financial services to corporate and institutional clients in the United Kingdom. The company is involved in the equity research, sales, sales trading, and market making activities. It also offers corporate advisory services, such as corporate finance advice, takeovers, and new issues; corporate brokerage services; and wealth management services to high net worth private clients, as well as M&A, sponsor, and NOMAD services.

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