RBG (LON:RBGP) Trading Down 5.9% – Here’s Why

RBG Holdings plc (LON:RBGPGet Free Report)’s share price fell 5.9% on Wednesday . The stock traded as low as GBX 1.85 ($0.02) and last traded at GBX 2 ($0.03). Approximately 95,587 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 419,657 shares. The stock had previously closed at GBX 2.13 ($0.03).

RBG Price Performance

The firm has a market cap of £2.57 million, a price-to-earnings ratio of -11.76 and a beta of 0.51. The company has a current ratio of 1.25, a quick ratio of 1.61 and a debt-to-equity ratio of 146.53. The stock’s fifty day moving average price is GBX 4.57 and its 200-day moving average price is GBX 7.99.

About RBG

(Get Free Report)

RBG Holdings plc provides legal and professional services to companies, banks, entrepreneurs, and individuals in the United Kingdom, rest of Europe, North America, and internationally. It operates through Legal Services, Litigation Finance, and Other Professional Services segments. The company offers legal services in respect of commercial disputes, including claims for breach of contract, negligence, commercial fraud, shareholder, and company disputes, as well as cross-border insolvency services; and corporate investigations, financial crime, contentious probate, arbitration, and mediation services to companies, banks, entrepreneurs, and individuals.

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