Rathbones Group (LON:RAT) Share Price Passes Above 200-Day Moving Average – Here’s Why

Rathbones Group Plc (LON:RAT) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,992.49 and traded as high as GBX 2,045. Rathbones Group shares last traded at GBX 2,035, with a volume of 32,043 shares trading hands.

Rathbones Group Price Performance

The company has a current ratio of 190.82, a quick ratio of 0.14 and a debt-to-equity ratio of 14.65. The business has a 50-day moving average price of GBX 2,083.34 and a 200 day moving average price of GBX 1,992.49. The stock has a market cap of £2.10 billion, a PE ratio of 19.44, a PEG ratio of -26.52 and a beta of 0.74.

Rathbones Group (LON:RAT) last issued its quarterly earnings results on Monday, March 2nd. The company reported GBX 170.50 EPS for the quarter. Rathbones Group had a return on equity of 8.33% and a net margin of 10.85%. As a group, research analysts forecast that Rathbones Group Plc will post 174.9287749 earnings per share for the current fiscal year.

About Rathbones Group

With roots dating back to 1742, Rathbones is one of the UK’s leading providers of investment and wealth management services for private clients (individuals and families), charities, trustees and professional partners. Rathbones’ purpose is to help more people invest their money well, so they can live well.

Rathbones has been trusted for generations to manage, preserve and grow clients’ wealth and services include discretionary investment management, fund management, tax planning, trust and company management, financial advice and banking services.