Redde (LON:REDD) Stock Crosses Below Fifty Day Moving Average of $104.00
Redde PLC (LON:REDD)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $104.00 and traded as low as $102.60. Redde shares last traded at $104.20, with a volume of 5,142,823 shares changing hands.
The company has a fifty day simple moving average of GBX 103.94 and a 200-day simple moving average of GBX 109.27. The company has a quick ratio of 1.07, a current ratio of 1.16 and a debt-to-equity ratio of 28.91. The firm has a market cap of $319.76 million and a P/E ratio of 9.39.
About Redde (LON:REDD)
Redde plc provides a package of motor claims accident management, incident management, fleet management, and legal services in the United Kingdom. The company offers vehicle replacement, repair management, claims-handling assistance, and legal and other bespoke services. It also provides personal injury services, including motor accident, criminal injury, and medical negligence, as well as specialist serious injury services.
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