Record (LON:REC) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Record plc (LON:REC) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 54.31 and traded as low as GBX 45.35. Record shares last traded at GBX 46, with a volume of 379,830 shares.

Record Price Performance

The stock has a 50 day moving average of GBX 53.87 and a 200-day moving average of GBX 54.31. The company has a current ratio of 49.85, a quick ratio of 4.03 and a debt-to-equity ratio of 24.30. The stock has a market capitalization of £88.85 million, a P/E ratio of 10.75 and a beta of 0.79.

Record (LON:REC) last announced its quarterly earnings data on Friday, June 19th. The company reported GBX 3.92 EPS for the quarter. Record had a return on equity of 27.84% and a net margin of 19.03%.The company had revenue of GBX 4,010 million for the quarter. On average, equities research analysts anticipate that Record plc will post 4.691358 earnings per share for the current fiscal year.

Record Company Profile

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.