Redde Northgate (LON:REDD) Hits New 12-Month Low at $294.50

Redde Northgate plc (LON:REDD)’s share price reached a new 52-week low on Tuesday . The company traded as low as GBX 294.50 ($3.70) and last traded at GBX 294.50 ($3.70), with a volume of 621666 shares traded. The stock had previously closed at GBX 385.50 ($4.84).

Redde Northgate Stock Down 23.6 %

The business has a 50-day moving average price of GBX 373.08 and a two-hundred day moving average price of GBX 359.24. The company has a quick ratio of 1.21, a current ratio of 1.37 and a debt-to-equity ratio of 76.56. The firm has a market cap of £665.86 million, a PE ratio of 516.67, a price-to-earnings-growth ratio of 0.54 and a beta of 1.65.

Insider Transactions at Redde Northgate

In other news, insider Mark Butcher sold 5,000 shares of the company’s stock in a transaction on Thursday, April 25th. The stock was sold at an average price of GBX 385 ($4.84), for a total transaction of £19,250 ($24,183.42). Corporate insiders own 5.41% of the company’s stock.

Redde Northgate Company Profile

Redde Northgate plc provides mobility solutions and automotive services in the United Kingdom, Spain, and Ireland. The company offers contact center support, sales, claim processing, customer service, and general insurance products; provides fleet management, rapid response, and recovery management services; and supplies and installs electric vehicle charging equipment.