Rathbones Group (LON:RAT) Shares Cross Above 200 Day Moving Average – Here’s Why

Shares of Rathbones Group Plc (LON:RAT) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,952.33 and traded as high as GBX 2,020. Rathbones Group shares last traded at GBX 2,005, with a volume of 74,764 shares traded.

Rathbones Group Stock Down 0.5%

The company has a debt-to-equity ratio of 14.65, a quick ratio of 0.14 and a current ratio of 190.82. The firm’s 50 day moving average price is GBX 2,153.62 and its two-hundred day moving average price is GBX 1,952.33. The company has a market cap of £2.06 billion, a P/E ratio of 33.93, a price-to-earnings-growth ratio of -26.52 and a beta of 0.69.

Rathbones Group (LON:RAT) last issued its earnings results on Monday, March 2nd. The company reported GBX 170.50 earnings per share (EPS) for the quarter. Rathbones Group had a net margin of 10.85% and a return on equity of 8.33%. Equities research analysts anticipate that Rathbones Group Plc will post 174.9287749 EPS for the current fiscal year.

Rathbones Group Company Profile

With roots dating back to 1742, Rathbones is one of the UK’s leading providers of investment and wealth management services for private clients (individuals and families), charities, trustees and professional partners. Rathbones’ purpose is to help more people invest their money well, so they can live well.

Rathbones has been trusted for generations to manage, preserve and grow clients’ wealth and services include discretionary investment management, fund management, tax planning, trust and company management, financial advice and banking services.