RBG (LON:RBGP) Shares Down 5.8%

Shares of RBG Holdings plc (LON:RBGP) were down 5.8% on Friday . The stock traded as low as GBX 12.03 ($0.15) and last traded at GBX 12.25 ($0.15). Approximately 255,430 shares were traded during trading, an increase of 3% from the average daily volume of 248,879 shares. The stock had previously closed at GBX 13 ($0.16).

RBG Price Performance

The company has a 50 day simple moving average of GBX 10.04 and a 200-day simple moving average of GBX 13.73. The stock has a market cap of £15.76 million, a price-to-earnings ratio of -204.17 and a beta of 0.63. The company has a current ratio of 0.83, a quick ratio of 1.61 and a debt-to-equity ratio of 71.17.

Insider Buying and Selling at RBG

In other news, insider Jon Divers purchased 333,333 shares of the company’s stock in a transaction on Thursday, March 14th. The shares were purchased at an average price of GBX 9 ($0.11) per share, with a total value of £29,999.97 ($37,345.91). Company insiders own 55.68% of the company’s stock.

About RBG

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.