Record (LON:REC) Shares Cross Below 200 Day Moving Average – What’s Next?

Record plc (LON:REC) shares crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 47.94 and traded as low as GBX 43.50. Record shares last traded at GBX 44.10, with a volume of 180,822 shares.

Record Stock Performance

The firm has a market cap of £86.27 million, a price-to-earnings ratio of 11.54 and a beta of 0.77. The firm’s 50 day moving average is GBX 43.16 and its 200-day moving average is GBX 47.86. The company has a debt-to-equity ratio of 24.30, a quick ratio of 4.03 and a current ratio of 49.85.

Insider Transactions at Record

In other Record news, insider Jan Witte sold 135,105 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of GBX 44, for a total value of £59,446.20. Company insiders own 46.34% of the company’s stock.

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. We can simplify currency for you and provide cost-effective solutions to almost all currency-related challenges. Our clients are asset managers, pension funds, foundations, and other institutional investors.

Our asset management team offers best in class, yield-seeking strategies across various private market asset classes including EM Debt, Digital Lending, Private Credit and Infrastructure strategies.