Gem Diamonds (LON:GEMD) Trading 1% Higher – Still a Buy?

Shares of Gem Diamonds Limited (LON:GEMDGet Free Report) were up 1% during mid-day trading on Tuesday . The company traded as high as GBX 3.73 ($0.05) and last traded at GBX 2.93 ($0.04). Approximately 743,378 shares were traded during trading, an increase of 147% from the average daily volume of 300,471 shares. The stock had previously closed at GBX 2.90 ($0.04).

Gem Diamonds Price Performance

The business’s fifty day simple moving average is GBX 4.19 and its 200-day simple moving average is GBX 6.09. The company has a current ratio of 1.56, a quick ratio of 1.09 and a debt-to-equity ratio of 30.82. The firm has a market cap of £4.10 million, a P/E ratio of -0.37, a PEG ratio of 0.18 and a beta of 1.51.

About Gem Diamonds

(Get Free Report)

Featured Stories

Receive News & Ratings for Gem Diamonds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gem Diamonds and related companies with MarketBeat.com's FREE daily email newsletter.