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

Shares of Rathbones Group Plc (LON:RAT) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,960.96 and traded as high as GBX 2,055. Rathbones Group shares last traded at GBX 2,035, with a volume of 113,683 shares changing hands.

Rathbones Group Trading Up 2.3%

The firm has a market cap of £2.09 billion, a price-to-earnings ratio of 34.43, a PEG ratio of -26.52 and a beta of 0.69. 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 business has a fifty day moving average of GBX 2,137.92 and a two-hundred day moving average of GBX 1,960.96.

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

About Rathbones Group

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.