Jarvis Securities (LON:JIM) Share Price Passes Below 200 Day Moving Average – Here’s Why

Shares of Jarvis Securities plc (LON:JIM) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 12.40 and traded as low as GBX 6.80. Jarvis Securities shares last traded at GBX 7.40, with a volume of 50,072 shares traded.

Jarvis Securities Trading Up 3.5%

The firm has a market capitalization of £3.31 million, a PE ratio of 0.86 and a beta of 0.32. The company has a current ratio of 2.95, a quick ratio of 2.13 and a debt-to-equity ratio of 3.43. The business has a 50 day moving average price of GBX 7.77 and a 200-day moving average price of GBX 12.40.

Jarvis Securities (LON:JIM) last issued its earnings results on Monday, March 30th. The company reported GBX 12.27 earnings per share for the quarter. Jarvis Securities had a return on equity of 111.64% and a net margin of 92.94%.The firm had revenue of GBX 159 million for the quarter. Analysts expect that Jarvis Securities plc will post 9.9173554 earnings per share for the current year.

Jarvis Securities Company Profile

Jarvis Securities plc, through its subsidiary, Jarvis Investment Management Limited, provides stock broking services to retail and institutional clients in the United Kingdom. The company offers retail execution-only stockbroking services; ISA investment wrappers and savings schemes; and nominee, certificated, and SIPP accounts. It also provides financial administration, settlement, and safe custody services to other stockbrokers and investment firms. In addition, the company offers Model B clearing and settlement services.