Gem Diamonds (LON:GEMD) Stock Price Down 7.4% – Should You Sell?

Shares of Gem Diamonds Limited (LON:GEMDGet Free Report) fell 7.4% during trading 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 changed hands during mid-day 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 Stock Down 7.4%

The firm has a market cap of £4.41 million, a price-to-earnings ratio of 157.50, a price-to-earnings-growth ratio of 0.18 and a beta of 1.51. 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 stock has a 50-day moving average of GBX 6.47 and a 200-day moving average of GBX 7.51.

Gem Diamonds Company Profile

(Get Free Report)

See Also

Receive News & Ratings for Gem Diamonds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gem Diamonds and related companies with MarketBeat.com's FREE daily email newsletter.