Revolution Beauty Group (LON:REVB) Shares Down 6.6% – Here’s Why

Shares of Revolution Beauty Group plc (LON:REVB) fell 6.6% during mid-day trading on Wednesday . The company traded as low as GBX 3.50 and last traded at GBX 3.55. 990,107 shares were traded during trading, a decline of 63% from the average session volume of 2,685,814 shares. The stock had previously closed at GBX 3.80.

Revolution Beauty Group Trading Down 6.6%

The company has a quick ratio of 0.76, a current ratio of 1.19 and a debt-to-equity ratio of -345.31. The firm has a 50 day moving average price of GBX 3.57 and a 200 day moving average price of GBX 3.22. The stock has a market capitalization of £30.87 million, a PE ratio of -0.46 and a beta of 1.52.

Revolution Beauty Group (LON:REVB) last announced its quarterly earnings results on Thursday, November 27th. The company reported GBX (5.70) earnings per share (EPS) for the quarter. Revolution Beauty Group had a positive return on equity of 10.77% and a negative net margin of 0.32%. Equities analysts expect that Revolution Beauty Group plc will post 0.8501545 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Iain McDonald purchased 1,000,000 shares of the business’s stock in a transaction that occurred on Thursday, November 27th. The shares were acquired at an average cost of GBX 2 per share, for a total transaction of £20,000. Company insiders own 20.49% of the company’s stock.

Revolution Beauty Group Company Profile

Revolution Beauty is a multi-brand, multi-category, multi-channel, mass beauty innovator with proven global scale. Since its foundation by Adam Minto and Tom Allsworth in 2014, the Group has grown rapidly by establishing a retail footprint of c. 11,000 doors across leading retail chains in the UK, USA and internationally. This is complemented by a fast-growing digital business, including its direct to consumer website and an increasing number of global digital partners.

The Group is recognised as one of the fastest product innovators in the accessible beauty market, and is challenging the established order by rapidly developing and launching new products to take advantage of new market trends, promoting brand awareness via social influencer marketing, its own social media following of 6.3 million, and by providing high quality products at prices substantially lower than beauty prestige competitors.

At its core, the Group is committed to inclusivity and diversity and offers cosmetics shades for every skin colour and across every price point.