Jarvis Securities (LON:JIM) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Jarvis Securities plc (LON:JIM) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 18.88 and traded as low as GBX 7.26. Jarvis Securities shares last traded at GBX 7.63, with a volume of 136,874 shares changing hands.

Jarvis Securities Price Performance

The company’s 50 day simple moving average is GBX 14.29 and its 200 day simple moving average is GBX 18.88. The company has a debt-to-equity ratio of 4.64, a current ratio of 78.15 and a quick ratio of 2.13. The stock has a market cap of £3.41 million, a P/E ratio of 0.89 and a beta of 0.32.

Jarvis Securities (LON:JIM) last announced its quarterly earnings results on Tuesday, December 30th. The company reported GBX 3.26 earnings per share for the quarter. Jarvis Securities had a net margin of 25.37% and a return on equity of 58.05%. As a group, equities analysts forecast that Jarvis Securities plc will post 9.9173554 earnings per share for the current year.

About Jarvis Securities

Jarvis Securities plc, through its subsidiary, Jarvis Investment Management Limited, provides stock broking services to retail and institutional clients in the United Kingdom. The company offers retail execution-only stockbroking services; ISA investment wrappers and savings schemes; and nominee, certificated, and SIPP accounts. It also provides financial administration, settlement, and safe custody services to other stockbrokers and investment firms. In addition, the company offers Model B clearing and settlement services.