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

Record plc (LON:REC) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 59.62 ($0.75) and traded as low as GBX 51.94 ($0.65). Record shares last traded at GBX 52 ($0.65), with a volume of 119,771 shares.

Record Stock Up 0.6 %

The firm has a market capitalization of £102.83 million, a price-to-earnings ratio of 0.51 and a beta of 1.05. The business has a 50 day simple moving average of GBX 53.02 and a 200-day simple moving average of GBX 59.62. The company has a debt-to-equity ratio of 0.64, a quick ratio of 4.03 and a current ratio of 4.35.

Record Company Profile

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.