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Raspberry Pi (LON:RPI) Stock Price Down 0.5% - Here's What Happened

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Raspberry Pi Holdings (LON:RPI - Get Free Report)'s stock price traded down 0.5% on Thursday . The stock traded as low as GBX 577 ($7.38) and last traded at GBX 603 ($7.71). 285,529 shares were traded during mid-day trading, a decline of 64% from the average session volume of 793,790 shares. The stock had previously closed at GBX 606 ($7.75).

Raspberry Pi Price Performance

The stock has a market capitalization of £1.06 billion and a PE ratio of 177.16. The company's 50 day moving average price is GBX 655.29 and its two-hundred day moving average price is GBX 475.56.

Insiders Place Their Bets

In related news, insider Eben Upton CBE sold 30,000 shares of the company's stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of GBX 620 ($7.93), for a total value of £186,000 ($237,942.94). Also, insider David Ranken Gammon sold 56,000 shares of the firm's stock in a transaction dated Friday, January 31st. The stock was sold at an average price of GBX 710 ($9.08), for a total transaction of £397,600 ($508,635.03). Corporate insiders own 73.73% of the company's stock.

Raspberry Pi Company Profile

(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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