Record (LON:REC) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Shares of Record plc (LON:REC) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 57.98 and traded as low as GBX 53.40. Record shares last traded at GBX 54.60, with a volume of 127,579 shares trading hands.

Record Stock Down 1.4%

The company has a market cap of £103.66 million, a PE ratio of 12.54 and a beta of 1.05. The firm has a 50-day simple moving average of GBX 54.83 and a two-hundred day simple moving average of GBX 57.98. The company has a debt-to-equity ratio of 0.64, a current ratio of 4.35 and a quick ratio of 4.03.

Record (LON:REC) last posted its quarterly earnings data on Friday, November 7th. The company reported GBX 1.93 EPS for the quarter. Record had a return on equity of 680.45% and a net margin of 430.56%. Research analysts anticipate that Record plc will post 4.691358 earnings per share for the current fiscal year.

About Record

Record Financial Group is a leading specialist currency and asset manager with $102.7 billion in Assets Under Management Equivalents (as of 28th June 2024) for institutional clients, with global offices across London, Frankfurt, Zürich and Düsseldorf.

We have over 40 years’ experience in passive and active currency hedging, as well as return-seeking strategies. We can simplify currency for you and provide cost-effective solutions to almost all currency-related challenges. Our clients are asset managers, pension funds, foundations, and other institutional investors.

Our asset management team offers best in class, yield-seeking strategies across various private market asset classes including EM Debt, Digital Lending, Private Credit and Infrastructure strategies.