Redde Northgate (LON:REDD) Share Price Passes Above 50-Day Moving Average of $362.11

Redde Northgate plc (LON:REDD)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 362.11 ($4.51) and traded as high as GBX 382 ($4.76). Redde Northgate shares last traded at GBX 377 ($4.69), with a volume of 398,867 shares traded.

Redde Northgate Trading Up 0.5 %

The business has a 50 day simple moving average of GBX 362.90 and a 200-day simple moving average of GBX 353.36. The company has a current ratio of 1.37, a quick ratio of 1.21 and a debt-to-equity ratio of 76.56. The stock has a market capitalization of £835.44 million, a price-to-earnings ratio of 648.25, a price-to-earnings-growth ratio of 0.54 and a beta of 1.65.

Insiders Place Their Bets

In other Redde Northgate news, insider Nicola Rabson purchased 2,799 shares of the firm’s stock in a transaction on Thursday, February 1st. The shares were purchased at an average cost of GBX 355 ($4.42) per share, with a total value of £9,936.45 ($12,369.54). 5.41% of the stock is owned by corporate insiders.

Redde Northgate Company Profile

Redde Northgate plc provides mobility solutions and automotive services in the United Kingdom, Spain, and Ireland. The company offers contact center support, sales, claim processing, customer service, and general insurance products; provides fleet management, rapid response, and recovery management services; and supplies and installs electric vehicle charging equipment.