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Raspberry Pi (LON:RPI) Shares Up 6.4% - Should You Buy?

Raspberry Pi logo with background

Raspberry Pi Holdings (LON:RPI - Get Free Report) was up 6.4% on Monday . The company traded as high as GBX 462.62 ($6.15) and last traded at GBX 448.20 ($5.96). Approximately 439,288 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 899,032 shares. The stock had previously closed at GBX 421.20 ($5.60).

Raspberry Pi Price Performance

The company has a market capitalization of £842.23 million and a price-to-earnings ratio of 141.02. The firm has a fifty day simple moving average of GBX 541.42 and a 200 day simple moving average of GBX 504.22.

Insider Buying and Selling

In related news, insider David Ranken Gammon sold 56,000 shares of Raspberry Pi stock in a transaction dated Friday, January 31st. The stock was sold at an average price of GBX 710 ($9.44), for a total value of £397,600 ($528,653.10). 73.73% of the stock is owned by insiders.

About Raspberry Pi

(Get Free Report)

Our mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of engineers and enthusiasts all over the world. Since 2012, we've been designing single-board and modular computers, built on the Arm architecture, and running the Linux operating system. Whether you're an educator looking to excite the next generation of computer scientists; an enthusiast searching for inspiration for your next project; or an OEM who needs a proven rock-solid foundation for your next generation of smart products, there's a Raspberry Pi computer for you. That's not all we do.

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