Record (LON:REC) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Record plc (LON:REC) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 57.50 and traded as low as GBX 56.60. Record shares last traded at GBX 56.80, with a volume of 87,493 shares.

Record Trading Up 1.4%

The company has a debt-to-equity ratio of 0.64, a current ratio of 4.35 and a quick ratio of 4.03. The firm’s fifty day moving average is GBX 54.91 and its two-hundred day moving average is GBX 57.50. The firm has a market capitalization of £109.71 million, a PE ratio of 13.27 and a beta of 1.05.

Record (LON:REC) last announced its earnings results on Friday, November 7th. The company reported GBX 1.93 earnings per share for the quarter. Record had a return on equity of 680.45% and a net margin of 430.56%. On average, equities analysts predict that Record plc will post 4.691358 EPS for the current fiscal year.

About Record

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.

Our asset management team offers best in class, yield-seeking strategies across various private market asset classes including EM Debt, Digital Lending, Private Credit and Infrastructure strategies.