River and Mercantile Group (LON:RIV) Stock Price Crosses Above Fifty Day Moving Average of $49.40

River and Mercantile Group PLC (LON:RIV)’s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 49.40 ($0.61) and traded as high as GBX 54.80 ($0.68). River and Mercantile Group shares last traded at GBX 49.40 ($0.61), with a volume of 1,318,314 shares changing hands.

River and Mercantile Group Price Performance

The company has a quick ratio of 0.98, a current ratio of 2.90 and a debt-to-equity ratio of 2.92. The firm has a market cap of £42.40 million and a PE ratio of -22.45. The firm’s fifty day simple moving average is GBX 49.40 and its two-hundred day simple moving average is GBX 49.40.

River and Mercantile Group Company Profile

River and Mercantile Group PLC is an asset management holding company. Through its subsidiaries, the firm engages in advisory, fiduciary management, long-term asset management, pension funds, derivative solutions, and equity solutions. It invests in the public equity markets across the globe. The firm uses a combination of fundamental and quantitative analysis to make its investments.