Jarvis Securities (LON:JIM) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Jarvis Securities plc (LON:JIM)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 18.33 and traded as low as GBX 7.86. Jarvis Securities shares last traded at GBX 7.86, with a volume of 27,875 shares trading hands.

Jarvis Securities Trading Down 1.8%

The company has a market capitalization of £3.51 million, a price-to-earnings ratio of 0.92 and a beta of 0.32. The company has a quick ratio of 2.13, a current ratio of 78.15 and a debt-to-equity ratio of 4.64. The company’s 50 day simple moving average is GBX 13.17 and its two-hundred day simple moving average is GBX 18.33.

Jarvis Securities (LON:JIM) last released its earnings results on Tuesday, December 30th. The company reported GBX 3.26 earnings per share for the quarter. Jarvis Securities had a net margin of 25.37% and a return on equity of 58.05%. As a group, research analysts anticipate that Jarvis Securities plc will post 9.9173554 earnings per share for the current fiscal year.

About Jarvis Securities

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.