Record (LON:REC) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Record plc (LON:REC) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 54.88 and traded as low as GBX 54.80. Record shares last traded at GBX 55.20, with a volume of 101,956 shares changing hands.

Record Stock Performance

The company has a debt-to-equity ratio of 49.24, a quick ratio of 4.03 and a current ratio of 37.68. The company has a market capitalization of £108.94 million, a PE ratio of 13.18 and a beta of 0.74. The company has a 50 day moving average price of GBX 53.69 and a 200 day moving average price of GBX 54.88.

About Record

Record Financial Group is a leading specialist currency and asset manager with $102.7 billion in Assets Under Management Equivalents (as of 28th June 2024) for institutional clients, with global offices across London, Frankfurt, Zürich and Düsseldorf.

We have over 40 years’ experience in passive and active currency hedging, as well as return-seeking strategies. We can simplify currency for you and provide cost-effective solutions to almost all currency-related challenges. Our clients are asset managers, pension funds, foundations, and other institutional investors.

Our asset management team offers best in class, yield-seeking strategies across various private market asset classes including EM Debt, Digital Lending, Private Credit and Infrastructure strategies.