Record (LON:REC) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Record plc (LON:REC) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 57.98 ($0.75) and traded as low as GBX 51 ($0.66). Record shares last traded at GBX 51 ($0.66), with a volume of 18,761 shares traded.

Record Stock Down 1.2 %

The company has a market capitalization of £100.29 million, a PE ratio of 0.50 and a beta of 1.05. The firm’s 50-day simple moving average is GBX 51.99 and its 200 day simple moving average is GBX 57.98. The company has a debt-to-equity ratio of 0.64, a quick ratio of 4.03 and a current ratio of 4.35.

About Record

Record Financial Group is a leading specialist currency and asset manager with $102.7 billion in Assets Under Management Equivalents (as of 28th June 2024) for institutional clients, with global offices across London, Frankfurt, Zürich and Düsseldorf.

We have over 40 years’ experience in passive and active currency hedging, as well as return-seeking strategies.