Gem Diamonds Limited (LON:GEMD – Get Free Report) shares dropped 10.5% during trading on Monday . The company traded as low as GBX 10.96 ($0.14) and last traded at GBX 10.96 ($0.14). Approximately 715,600 shares changed hands during trading, an increase of 82% from the average daily volume of 393,978 shares. The stock had previously closed at GBX 12.25 ($0.16).
Gem Diamonds Price Performance
The business’s 50-day moving average price is GBX 12.87 and its 200 day moving average price is GBX 11.63. The stock has a market capitalization of £15.31 million, a PE ratio of -1,170.00, a price-to-earnings-growth ratio of 0.18 and a beta of 1.51. The company has a debt-to-equity ratio of 19.43, a quick ratio of 1.09 and a current ratio of 1.56.
About Gem Diamonds
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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