Raspberry Pi (LON:RPI) Trading Down 0.5% – What’s Next?

Raspberry Pi Holdings (LON:RPIGet Free Report)’s stock price fell 0.5% on Thursday . The company traded as low as GBX 577 ($7.27) and last traded at GBX 603 ($7.60). 285,529 shares changed hands during trading, a decline of 64% from the average session volume of 793,790 shares. The stock had previously closed at GBX 606 ($7.64).

Raspberry Pi Stock Down 1.3 %

The firm’s fifty day simple moving average is GBX 656.36 and its 200-day simple moving average is GBX 471.30. The firm has a market capitalization of £1.14 billion and a PE ratio of 191.30.

Insider Activity at Raspberry Pi

In other news, insider Eben Upton CBE sold 30,000 shares of Raspberry Pi stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of GBX 620 ($7.81), for a total value of £186,000 ($234,434.08). Also, insider David Ranken Gammon sold 56,000 shares of the stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of GBX 710 ($8.95), for a total transaction of £397,600 ($501,134.36). 73.73% of the stock is owned by insiders.

About Raspberry Pi

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Our mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of engineers and enthusiasts all over the world.

Since 2012, we’ve been designing single-board and modular computers, built on the Arm architecture, and running the Linux operating system. Whether you’re an educator looking to excite the next generation of computer scientists; an enthusiast searching for inspiration for your next project; or an OEM who needs a proven rock-solid foundation for your next generation of smart products, there’s a Raspberry Pi computer for you.

That’s not all we do.

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