Ramsdens (LON:RFX) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Ramsdens Holdings PLC (LON:RFXGet Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 541.71 and traded as high as GBX 668. Ramsdens shares last traded at GBX 664, with a volume of 35,992 shares changing hands.

Ramsdens Stock Performance

The company has a current ratio of 2.68, a quick ratio of 1.62 and a debt-to-equity ratio of 26.91. The company has a market capitalization of £216.65 million, a PE ratio of 11.22 and a beta of 0.60. The firm’s 50-day simple moving average is GBX 541.71 and its 200-day simple moving average is GBX 451.25.

Ramsdens (LON:RFXGet Free Report) last issued its earnings results on Wednesday, June 3rd. The company reported GBX 37.90 EPS for the quarter. Ramsdens had a net margin of 13.25% and a return on equity of 29.66%. The business had revenue of GBX 8,373 million for the quarter. On average, research analysts predict that Ramsdens Holdings PLC will post 20.0899991 earnings per share for the current year.

About Ramsdens

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