Gem Diamonds (LON:GEMD) Stock Price Passes Above Two Hundred Day Moving Average of $11.10

Gem Diamonds Limited (LON:GEMDGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 11.10 ($0.14) and traded as high as GBX 12.95 ($0.16). Gem Diamonds shares last traded at GBX 12.95 ($0.16), with a volume of 44,091 shares trading hands.

Gem Diamonds Price Performance

The stock has a 50-day moving average of GBX 11.63 and a two-hundred day moving average of GBX 11.10. The firm has a market cap of £16.96 million, a price-to-earnings ratio of -1,295.00, a price-to-earnings-growth ratio of 0.18 and a beta of 1.31. The company has a current ratio of 1.04, a quick ratio of 1.09 and a debt-to-equity ratio of 20.41.

About Gem Diamonds

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Gem Diamonds Limited, together with its subsidiaries, operates diamond mines. It also produces, manufactures, sells, and markets rough and polished diamonds; and provides technical, financial, and management consulting services. It operates in Lesotho, Botswana, Belgium, British Virgin Islands, South Africa, the United Kingdom, and Cyprus.

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