Ramsdens (LON:RFX) Trading 1.1% Higher - Here's What Happened

Ramsdens Holdings PLC (LON:RFX - Get Free Report) was up 1.1% on Tuesday . The company traded as high as GBX 229 ($2.92) and last traded at GBX 227.50 ($2.90). Approximately 23,633 shares traded hands during trading, a decline of 74% from the average daily volume of 92,533 shares. The stock had previously closed at GBX 225 ($2.87).

Ramsdens Stock Performance

The company has a debt-to-equity ratio of 42.10, a quick ratio of 1.62 and a current ratio of 2.91. The company has a market capitalization of £71.78 million, a P/E ratio of 937.50 and a beta of 1.22. The firm has a 50 day moving average price of GBX 217.25 and a two-hundred day moving average price of GBX 210.13.

Insider Buying and Selling at Ramsdens

In related news, insider Andrew David Meehan sold 125,000 shares of the firm's stock in a transaction on Friday, October 4th. The stock was sold at an average price of GBX 217 ($2.77), for a total transaction of £271,250 ($346,026.28). Company insiders own 19.77% of the company's stock.

About Ramsdens

Ramsdens Holdings PLC engages in the provision of diversified financial services in the United Kingdom and internationally. It operates through four segments: Foreign Currency Exchange, Pawnbroking, Jewellery Retail, and Purchase of Precious Metals. The company engages in the sale and purchase of foreign currency notes to holidaymakers, as well as offers travel cards and international bank-to-bank payments; and provision of pawnbroking and asset backed lending services.