River and Mercantile Group (LON:RIV) Share Price Passes Below 50-Day Moving Average – Time to Sell?

River and Mercantile Group PLC (LON:RIVGet Free Report)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 49.40 ($0.62) and traded as low as GBX 49.40 ($0.62). River and Mercantile Group shares last traded at GBX 49.40 ($0.62), with a volume of 1,318,314 shares changing hands.

River and Mercantile Group Price Performance

The firm has a 50-day moving average of GBX 49.40 and a 200 day moving average of GBX 49.40. The company has a market capitalization of £42.40 million and a PE ratio of -22.45. The company has a debt-to-equity ratio of 2.92, a current ratio of 2.90 and a quick ratio of 0.98.

About River and Mercantile Group

(Get Free Report)

River and Mercantile Group PLC is an asset management holding company. Through its subsidiaries, the firm engages in advisory, fiduciary management, long-term asset management, pension funds, derivative solutions, and equity solutions. It invests in the public equity markets across the globe. The firm uses a combination of fundamental and quantitative analysis to make its investments.

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