Revolution Bars Group (LON:RBG) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Revolution Bars Group plc (LON:RBGGet Free Report)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 0.85 ($0.01) and traded as high as GBX 0.90 ($0.01). Revolution Bars Group shares last traded at GBX 0.80 ($0.01), with a volume of 3,293,226 shares traded.

Revolution Bars Group Stock Down 5.9 %

The business’s fifty day moving average price is GBX 0.85 and its 200 day moving average price is GBX 1.13. The company has a market capitalization of £12 million, a P/E ratio of -10.00 and a beta of 2.66. The company has a current ratio of 0.40, a quick ratio of 0.62 and a debt-to-equity ratio of 81.70.

About Revolution Bars Group

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Revolution Bars Group plc operates premium bars located in towns or city center high streets in the United Kingdom. Its bars provides food and drink products. The company operates bars and pubs under the Revolution, Revolución de Cuba, Peach, Playhouse, and Founders & Co brand names. Revolution Bars Group plc was founded in 1991 and is headquartered in Ashton-Under-Lyne, the United Kingdom.

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