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

Redde Northgate plc (LON:REDDGet Free Report)’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.

Redde Northgate Stock Down 1.3 %

The business has a 50-day simple moving average of GBX 362.11 and a two-hundred day simple moving average of GBX 353.04. The company has a market cap of £841.09 million, a price-to-earnings ratio of 661.40, a PEG ratio of 0.54 and a beta of 1.65. The company has a quick ratio of 1.21, a current ratio of 1.37 and a debt-to-equity ratio of 76.56.

Insiders Place Their Bets

In other Redde Northgate news, insider Nicola Rabson acquired 2,799 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were acquired at an average cost of GBX 355 ($4.42) per share, for a total transaction of £9,936.45 ($12,369.54). Insiders own 5.41% of the company’s stock.

Redde Northgate Company Profile

(Get Free Report)

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.

Further Reading

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