Revolution Beauty Group (LON:REVB) Trading 8.2% Higher – Here’s What Happened

Revolution Beauty Group plc (LON:REVB)’s share price traded up 8.2% during mid-day trading on Thursday . The company traded as high as GBX 3.70 and last traded at GBX 3.70. 418,715 shares were traded during mid-day trading, a decline of 70% from the average session volume of 1,376,930 shares. The stock had previously closed at GBX 3.42.

Revolution Beauty Group Stock Up 8.2%

The company has a market cap of £32.18 million, a PE ratio of -0.48 and a beta of 1.26. The stock’s 50 day moving average price is GBX 3.34 and its 200-day moving average price is GBX 3.33. The company has a debt-to-equity ratio of -96.99, a quick ratio of 0.76 and a current ratio of 0.58.

Revolution Beauty Group Company Profile

Revolution Beauty is a multi-brand, multi-category, multi-channel, mass beauty innovator with proven global scale. Since its foundation by Adam Minto and Tom Allsworth in 2014, the Group has grown rapidly by establishing a retail footprint of c. 11,000 doors across leading retail chains in the UK, USA and internationally. This is complemented by a fast-growing digital business, including its direct to consumer website and an increasing number of global digital partners.

The Group is recognised as one of the fastest product innovators in the accessible beauty market, and is challenging the established order by rapidly developing and launching new products to take advantage of new market trends, promoting brand awareness via social influencer marketing, its own social media following of 6.3 million, and by providing high quality products at prices substantially lower than beauty prestige competitors.

At its core, the Group is committed to inclusivity and diversity and offers cosmetics shades for every skin colour and across every price point.