Rosslyn Data Technologies (LON:RDT) Shares Down 6.4% – Here’s What Happened

Shares of Rosslyn Data Technologies plc (LON:RDT) dropped 6.4% on Thursday . The stock traded as low as GBX 1.80 and last traded at GBX 2.20. Approximately 624,827 shares traded hands during mid-day trading, an increase of 607% from the average daily volume of 88,386 shares. The stock had previously closed at GBX 2.35.

Rosslyn Data Technologies Stock Performance

The company has a market capitalization of £1.41 million, a PE ratio of 6.37 and a beta of 0.41. The stock’s fifty day simple moving average is GBX 2.87 and its 200-day simple moving average is GBX 3.20. The company has a debt-to-equity ratio of -271.36, a quick ratio of 0.77 and a current ratio of 0.68.

Rosslyn Data Technologies (LON:RDT) last issued its quarterly earnings results on Wednesday, January 28th. The company reported GBX (2.90) EPS for the quarter. Rosslyn Data Technologies had a negative return on equity of 586.74% and a negative net margin of 87.74%. As a group, equities analysts predict that Rosslyn Data Technologies plc will post 0.0924807 earnings per share for the current year.

About Rosslyn Data Technologies

Rosslyn Data Technologies provides an award-winning procurement analytics and predictive analytics platform. The Rosslyn Platform helps organizations with diverse supply chains mitigate risk and make informed strategic decisions. It leverages automated workflows, artificial intelligence and machine learning to extract and consolidate procurement data providing visibility of complex supplier data, enabling supplier spend savings and delivering rapid ROI