RBG (LON:RBGP) Shares Down 14.3%

RBG Holdings plc (LON:RBGP)’s share price fell 14.3% during mid-day trading on Tuesday . The stock traded as low as GBX 9.06 ($0.11) and last traded at GBX 10.50 ($0.13). 2,939,202 shares traded hands during mid-day trading, an increase of 958% from the average session volume of 277,787 shares. The stock had previously closed at GBX 12.25 ($0.15).

RBG Price Performance

The company has a quick ratio of 1.61, a current ratio of 0.83 and a debt-to-equity ratio of 71.17. The stock has a market cap of £13.51 million, a P/E ratio of -204.17 and a beta of 0.63. The firm’s fifty day moving average price is GBX 10.35 and its 200-day moving average price is GBX 13.25.

Insider Activity at RBG

In related news, insider Jon Divers purchased 333,333 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The shares were acquired at an average price of GBX 9 ($0.11) per share, for a total transaction of £29,999.97 ($37,683.67). 55.68% of the stock is currently owned by company insiders.

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.