Jarvis Securities (LON:JIM) Share Price Breaks Below 200 Day Moving Average – Here’s Why

Jarvis Securities plc (LON:JIM) shares crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of GBX 8.07 and traded as low as GBX 8.05. Jarvis Securities shares last traded at GBX 8.48, with a volume of 109,930 shares changing hands.

Jarvis Securities Stock Performance

The company has a current ratio of 2.95, a quick ratio of 2.12 and a debt-to-equity ratio of 3.43. The firm has a fifty day simple moving average of GBX 7.86 and a two-hundred day simple moving average of GBX 8.07. The firm has a market cap of £3.58 million, a PE ratio of 0.94 and a beta of 0.32.

Jarvis Securities Company Profile

Jarvis Securities plc, through its subsidiary, Jarvis Investment Management Limited, provides stock broking services to retail and institutional clients in the United Kingdom. The company offers retail execution-only stockbroking services; ISA investment wrappers and savings schemes; and nominee, certificated, and SIPP accounts. It also provides financial administration, settlement, and safe custody services to other stockbrokers and investment firms. In addition, the company offers Model B clearing and settlement services.