Record (LON:REC) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Record plc (LON:REC) passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 49.57 and traded as high as GBX 51. Record shares last traded at GBX 50.40, with a volume of 318,408 shares.

Record Trading Up 0.3%

The company has a market cap of £98.73 million, a price-to-earnings ratio of 13.20 and a beta of 0.77. The company’s 50 day moving average price is GBX 44.24 and its 200 day moving average price is GBX 49.57. The company has a debt-to-equity ratio of 24.30, a quick ratio of 4.03 and a current ratio of 49.85.

Record (LON:REC) last issued its quarterly earnings data on Friday, November 6th. The company reported GBX 2.84 earnings per share (EPS) for the quarter. The firm had revenue of GBX 2,276 million during the quarter. Record had a net margin of 19.03% and a return on equity of 27.84%. Research analysts anticipate that Record plc will post 4.69 EPS for the current year.

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. We can simplify currency for you and provide cost-effective solutions to almost all currency-related challenges. Our clients are asset managers, pension funds, foundations, and other institutional investors.