Equals Group (LON:EQLS) Hits New 52-Week High - Still a Buy?

Equals Group plc (LON:EQLS - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 139 ($1.80) and last traded at GBX 137.50 ($1.78), with a volume of 327786 shares changing hands. The stock had previously closed at GBX 137.50 ($1.78).

Equals Group Stock Performance

The business has a 50-day simple moving average of GBX 136.78 and a 200 day simple moving average of GBX 125.32. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.57 and a quick ratio of 1.55. The firm has a market cap of £262.69 million, a PE ratio of 31.78 and a beta of 1.36.

Equals Group Company Profile

Equals Group plc is an AIM-listed fintech founded in 2005 and listed in 2014 that develops and sells scalable payment platforms to enable organisations and individuals to move and easily manage their money flows through its payment and card products. Its core brands are: Equals Money – an international, domestic and card payment platform delivering corporate payments solutions from FX to expense management.