Rathbones Group (LON:RAT) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Rathbones Group Plc (LON:RAT) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,734.18 ($21.91) and traded as high as GBX 1,766 ($22.31). Rathbones Group shares last traded at GBX 1,730 ($21.86), with a volume of 31,671 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “buy” rating on shares of Rathbones Group in a research note on Tuesday, January 28th.

Rathbones Group Price Performance

The company has a debt-to-equity ratio of 7.87, a current ratio of 1.16 and a quick ratio of 0.14. The company’s 50 day moving average is GBX 1,683.12 and its 200 day moving average is GBX 1,733.18. The stock has a market cap of £1.81 billion, a price-to-earnings ratio of 28.38, a PEG ratio of -26.52 and a beta of 0.65.

About Rathbones Group

Rathbones provides individual investment and wealth management services for private clients, charities, trustees and professional partners. We have been trusted for generations to manage and preserve our clients’ wealth. Our tradition of investing and acting for everyone’s tomorrow has been with us from the beginning and continues to lead us forward.

Rathbones has over 3,500 employees in 23 UK locations and Jersey; its headquarters is 8 Finsbury Circus, London, EC2M 7AZ.