Record (LON:REC) Posts Quarterly Earnings Results

Record (LON:REC) issued its quarterly earnings results on Friday. The company reported GBX 2.84 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Record had a net margin of 19.03% and a return on equity of 27.84%. The business had revenue of GBX 2,276 million for the quarter.

Record Price Performance

Shares of LON:REC opened at GBX 46.30 on Friday. The company has a quick ratio of 4.03, a current ratio of 49.85 and a debt-to-equity ratio of 24.30. The company has a market cap of £90.41 million, a P/E ratio of 12.09 and a beta of 0.77. Record has a 52 week low of GBX 41.40 and a 52 week high of GBX 59.80. The company has a 50-day moving average price of GBX 44 and a 200 day moving average price of GBX 49.62.

Insiders Place Their Bets

In other Record news, insider Jan Witte sold 135,105 shares of Record stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of GBX 44, for a total value of £59,446.20. Corporate insiders own 46.34% of the company’s stock.

About Record

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.