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

Shares of Record plc (LON:REC) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 trading hands.

Record Stock Down 1.2 %

The firm’s 50 day moving average is GBX 51.99 and its two-hundred day moving average is GBX 57.98. The stock has a market cap of £100.29 million, a price-to-earnings ratio of 0.50 and a beta of 1.05. The company has a current ratio of 4.35, a quick ratio of 4.03 and a debt-to-equity ratio of 0.64.

Record Company Profile

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.