Jade Road Investments (LON:JADE) Stock Price Down 10.6% – Here’s What Happened

Jade Road Investments (LON:JADE) fell 10.6% during trading on Monday . The company traded as low as GBX 0.38 and last traded at GBX 0.38. 15 shares were traded during trading, a decline of 100% from the average session volume of 137,457 shares. The stock had previously closed at GBX 0.43.

Jade Road Investments Price Performance

The stock has a 50 day moving average of GBX 0.84 and a two-hundred day moving average of GBX 1.04. The company has a debt-to-equity ratio of -51.51, a quick ratio of 58.34 and a current ratio of 0.03. The firm has a market capitalization of £40,880.40, a P/E ratio of 0.00 and a beta of 0.18.

About Jade Road Investments

Jade Road (JADE) is committed to providing shareholders with attractive, uncorrelated, risk-adjusted long-term returns from a combination of realising sustainable capital growth and delivering dividend income.
The Company is focused on providing growth capital and financing to emerging and established Small and Medium-Sized Enterprises (SMEs) throughout Asia, well-diversified by national geographies, instruments and asset classes.
This vital segment of the economy is underserved by the traditional banking industry for regulatory and structural reasons.