Redde Northgate (LON:REDD) Shares Pass Above 50 Day Moving Average of $365.90

Redde Northgate plc (LON:REDD)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 365.90 ($4.52) and traded as high as GBX 380.50 ($4.70). Redde Northgate shares last traded at GBX 377 ($4.66), with a volume of 211,307 shares trading hands.

Redde Northgate Price Performance

The company has a market cap of £856.92 million, a PE ratio of 661.40, a P/E/G ratio of 0.54 and a beta of 1.65. The company has a quick ratio of 1.21, a current ratio of 1.37 and a debt-to-equity ratio of 76.56. The stock has a 50-day simple moving average of GBX 365.90 and a 200 day simple moving average of GBX 355.07.

Insider Buying and Selling

In related news, insider Nicola Rabson bought 2,799 shares of the stock in a transaction on Thursday, February 1st. The stock was bought at an average price of GBX 355 ($4.38) per share, with a total value of £9,936.45 ($12,273.28). Corporate insiders own 5.41% of the company’s stock.

About Redde Northgate

Redde Northgate plc provides mobility solutions and automotive services in the United Kingdom, Spain, and Ireland. The company offers contact center support, sales, claim processing, customer service, and general insurance products; provides fleet management, rapid response, and recovery management services; and supplies and installs electric vehicle charging equipment.