Gem Diamonds (LON:GEMD) Shares Cross Above 200 Day Moving Average of $10.93

Gem Diamonds Limited (LON:GEMDGet Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 10.93 ($0.14) and traded as high as GBX 13.04 ($0.16). Gem Diamonds shares last traded at GBX 12.55 ($0.16), with a volume of 60,510 shares changing hands.

Gem Diamonds Price Performance

The company has a debt-to-equity ratio of 20.41, a current ratio of 1.04 and a quick ratio of 1.09. The stock has a market capitalization of £17.74 million, a price-to-earnings ratio of -1,255.00, a PEG ratio of 0.18 and a beta of 1.35. The business’s fifty day moving average price is GBX 9.47 and its 200-day moving average price is GBX 10.93.

About Gem Diamonds

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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.

Further Reading

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