Gem Diamonds (LON:GEMD) Shares Down 7.4% – What’s Next?

Shares of Gem Diamonds Limited (LON:GEMDGet Free Report) traded down 7.4% on Saturday . The company traded as low as GBX 2.80 ($0.04) and last traded at GBX 3.15 ($0.04). 8,384,072 shares traded hands during trading, an increase of 2,881% from the average session volume of 281,216 shares. The stock had previously closed at GBX 3.40 ($0.05).

Gem Diamonds Trading Down 7.4%

The firm has a market capitalization of £4.41 million, a price-to-earnings ratio of 157.50, a P/E/G ratio of 0.18 and a beta of 1.51. The company has a quick ratio of 1.09, a current ratio of 1.56 and a debt-to-equity ratio of 30.82. The business has a 50-day moving average of GBX 6.47 and a two-hundred day moving average of GBX 7.51.

Gem Diamonds Company Profile

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