Gem Diamonds Limited (LON:GEMD – Get Free Report)’s stock price dropped 8% during trading on Wednesday . The company traded as low as GBX 11.50 ($0.15) and last traded at GBX 11.50 ($0.15). Approximately 2,353,238 shares were traded during mid-day trading, an increase of 494% from the average daily volume of 396,256 shares. The stock had previously closed at GBX 12.50 ($0.16).
Gem Diamonds Stock Up 2.3 %
The business’s fifty day moving average price is GBX 11.97 and its 200 day moving average price is GBX 11.95. The company has a quick ratio of 1.09, a current ratio of 1.56 and a debt-to-equity ratio of 19.43. The firm has a market capitalization of £16.43 million, a PE ratio of -1,170.00, a PEG ratio of 0.18 and a beta of 1.51.
About Gem Diamonds
Gem Diamonds Limited, together with its subsidiaries, operates diamond mines. It also produces, manufactures, sells, and markets rough and polished diamonds; and provides technical, financial, and management consulting services. It operates in Lesotho, Botswana, Belgium, British Virgin Islands, South Africa, the United Kingdom, and Cyprus.
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