Arden Partners (LON:ARDN) Stock Crosses Below Fifty Day Moving Average of $15.50

Arden Partners plc (LON:ARDN)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 15.50 ($0.20) and traded as low as GBX 14 ($0.18). Arden Partners shares last traded at GBX 15.50 ($0.20), with a volume of 10,499 shares changing hands.

Arden Partners Stock Performance

The stock has a market cap of £4.51 million and a P/E ratio of 3.97. The stock has a fifty day simple moving average of GBX 15.50 and a 200-day simple moving average of GBX 15.50. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 10.34.

Arden Partners Company Profile

Arden Partners plc operates as a multi-service stockbroker for small and mid-cap companies in the United Kingdom. It provides various financial services consisting of corporate advisory, such as nominated adviser and sponsor services, strategic corporate finance advice and strategic reviews, and capital restructurings, as well as services related to takeover codes comprising of advice on bids and mergers, public to private transactions, and public company and hostile related services.