Jarvis Securities (LON:JIM) Shares Cross Above Fifty Day Moving Average – Here’s Why

Jarvis Securities plc (LON:JIM)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 8.41 and traded as high as GBX 10. Jarvis Securities shares last traded at GBX 10, with a volume of 64,346 shares trading hands.

Jarvis Securities Stock Performance

The firm’s 50-day simple moving average is GBX 8.41 and its two-hundred day simple moving average is GBX 9.36. The company has a current ratio of 2.95, a quick ratio of 2.12 and a debt-to-equity ratio of 3.43. The stock has a market capitalization of £3.58 million, a PE ratio of 0.94 and a beta of 0.32.

Jarvis Securities (LON:JIM) last released its earnings results on Monday, March 30th. The company reported GBX 12.27 earnings per share (EPS) for the quarter. Jarvis Securities had a return on equity of 111.64% and a net margin of 92.94%.The company had revenue of GBX 159 million during the quarter. On average, equities research analysts expect that Jarvis Securities plc will post 9.9173554 earnings per share for the current fiscal 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.