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De La Rue (LON:DLAR) Stock Price Up 16.9% - Here's Why

De La Rue logo with Industrials background

Shares of De La Rue plc (LON:DLAR - Get Free Report) were up 16.9% during trading on Tuesday . The stock traded as high as GBX 119.90 ($1.57) and last traded at GBX 109.90 ($1.44). Approximately 1,875,609 shares were traded during mid-day trading, an increase of 603% from the average daily volume of 266,980 shares. The stock had previously closed at GBX 94 ($1.23).

De La Rue Stock Up 14.4 %

The company has a quick ratio of 1.01, a current ratio of 1.46 and a debt-to-equity ratio of 4,953.85. The business has a 50-day simple moving average of GBX 92.69 and a two-hundred day simple moving average of GBX 93.19. The stock has a market capitalization of £210.74 million, a P/E ratio of -1,075.00, a PEG ratio of -5.39 and a beta of 1.37.

De La Rue Company Profile

(Get Free Report)

De La Rue plc provides secure digital, physical, surety, and control solutions for government and commercial organization in the United Kingdom, the Middle East, Africa, Asia, the Americas, and internationally. It operates through Currency, Authentication, and Identity Solutions segments. The company offers currency solutions, which includes banknotes, design services, polymer substrate, and security features to central banks and issuing authorities.

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