Jarvis Securities (LON:JIM) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Jarvis Securities plc (LON:JIM) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 10.02 and traded as low as GBX 9.70. Jarvis Securities shares last traded at GBX 9.70, with a volume of 9,480 shares changing hands.

Jarvis Securities Price Performance

The business’s 50-day moving average price is GBX 7.93 and its 200 day moving average price is GBX 10.01. The stock has a market capitalization of £3.94 million, a PE ratio of 1.03 and a beta of 0.32. The company has a debt-to-equity ratio of 3.43, a quick ratio of 2.13 and a current ratio of 2.95.

Jarvis Securities (LON:JIM) last released its quarterly earnings results on Monday, March 30th. The company reported GBX 12.27 EPS for the quarter. The firm had revenue of GBX 159 million during the quarter. Jarvis Securities had a net margin of 92.94% and a return on equity of 111.64%. Research analysts forecast that Jarvis Securities plc will post 9.9173554 earnings per share for the current year.

Jarvis Securities Company Profile

Jarvis Securities plc, through its subsidiary, Jarvis Investment Management Limited, provides stock broking services to retail and institutional clients in the United Kingdom. The company offers retail execution-only stockbroking services; ISA investment wrappers and savings schemes; and nominee, certificated, and SIPP accounts. It also provides financial administration, settlement, and safe custody services to other stockbrokers and investment firms. In addition, the company offers Model B clearing and settlement services.