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

Record plc (LON:REC) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 59.18 ($0.75) and traded as low as GBX 51.53 ($0.65). Record shares last traded at GBX 51.80 ($0.65), with a volume of 58,274 shares trading hands.

Record Stock Performance

The company has a market cap of £96.36 million, a PE ratio of 0.48 and a beta of 1.05. The stock has a 50 day simple moving average of GBX 52.49 and a two-hundred day simple moving average of GBX 59.18. The company has a debt-to-equity ratio of 0.64, a current ratio of 4.35 and a quick ratio of 4.03.

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.