Jade Road Investments (LON:JADE) Stock Price Down 6.7% – Here’s What Happened

Jade Road Investments (LON:JADE) shares fell 6.7% during trading on Wednesday . The stock traded as low as GBX 0.70 and last traded at GBX 0.70. 3,600 shares changed hands during trading, a decline of 97% from the average session volume of 137,457 shares. The stock had previously closed at GBX 0.75.

Jade Road Investments Trading Down 6.7%

The company’s 50 day moving average price is GBX 0.55 and its 200 day moving average price is GBX 0.92. The company has a market cap of £75,306.00, a price-to-earnings ratio of 0.00 and a beta of 0.18. The company has a debt-to-equity ratio of -51.51, a quick ratio of 58.34 and a current ratio of 0.03.

Jade Road Investments Company Profile

Jade Road (JADE) is committed to providing shareholders with attractive, uncorrelated, risk-adjusted long-term returns from a combination of realising sustainable capital growth and delivering dividend income.
The Company is focused on providing growth capital and financing to emerging and established Small and Medium-Sized Enterprises (SMEs) throughout Asia, well-diversified by national geographies, instruments and asset classes.
This vital segment of the economy is underserved by the traditional banking industry for regulatory and structural reasons.