Gem Diamonds Limited (LON:GEMD – Get Free Report) shares dropped 7.4% on Saturday . The stock traded as low as GBX 2.80 ($0.04) and last traded at GBX 3.15 ($0.04). Approximately 8,384,072 shares traded hands during mid-day trading, an increase of 2,881% from the average daily volume of 281,216 shares. The stock had previously closed at GBX 3.40 ($0.05).
Gem Diamonds Stock Down 7.4%
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 capitalization of £4.41 million, a PE ratio of 157.50, a price-to-earnings-growth ratio of 0.18 and a beta of 1.51. The firm has a 50-day moving average of GBX 6.47 and a two-hundred day moving average of GBX 7.51.
About Gem Diamonds
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