Record (LON:REC) Stock Passes Below 200-Day Moving Average – Here’s Why

Record plc (LON:REC) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 56.39 ($0.74) and traded as low as GBX 51.50 ($0.67). Record shares last traded at GBX 53 ($0.69), with a volume of 61,679 shares.

Record Price Performance

The stock’s fifty day moving average price is GBX 52.16 and its 200-day moving average price is GBX 56.31. The firm has a market cap of £103.44 million, a PE ratio of 0.52 and a beta of 1.05. The company has a debt-to-equity ratio of 0.64, a current ratio of 4.35 and a quick ratio of 4.03.

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.