Rosslyn Data Technologies (LON:RDT) Trading Down 50.7% – Should You Sell?

Rosslyn Data Technologies plc (LON:RDT) dropped 50.7% during trading on Wednesday . The company traded as low as GBX 5.20 ($0.07) and last traded at GBX 5.50 ($0.07). Approximately 516,325 shares changed hands during trading, an increase of 792% from the average daily volume of 57,913 shares. The stock had previously closed at GBX 11.15 ($0.15).

Rosslyn Data Technologies Price Performance

The company has a current ratio of 1.67, a quick ratio of 0.77 and a debt-to-equity ratio of 31.57. The firm’s 50-day moving average price is GBX 11.90 and its two-hundred day moving average price is GBX 10.34. The stock has a market cap of £1.06 million, a PE ratio of -137.50 and a beta of 0.41.

About Rosslyn Data Technologies

Rosslyn Data Technologies plc engages in the development and provision of data analytics software, data capture, data mining, and workflow management in the United Kingdom, Europe, and the United States. It offers Rosslyn Spend Management that enables businesses to automatically aggregate, enhance, and organize structured and unstructured data; Spend Analytics, a navigation and dashboard solution; Supplier Information Management platform for analysis gaps in the procurement provision; and Supplier Performance Management for identifying areas of potential risk within the supply chain and increase procurement's contribution to profitability.