Gem Diamonds Limited (LON:GEMD – Get Free Report) shot up 8.3% on Thursday . The company traded as high as GBX 15.30 ($0.20) and last traded at GBX 15 ($0.20). 822,448 shares traded hands during trading, an increase of 435% from the average session volume of 153,680 shares. The stock had previously closed at GBX 13.85 ($0.18).
Gem Diamonds Stock Performance
The business has a 50-day moving average of GBX 12.93 and a two-hundred day moving average of GBX 11.44. The company has a debt-to-equity ratio of 20.41, a current ratio of 1.04 and a quick ratio of 1.09. The company has a market cap of £20.75 million, a P/E ratio of -1,485.00, a P/E/G ratio of 0.18 and a beta of 1.48.
About Gem Diamonds
Gem Diamonds Limited, together with its subsidiaries, operates diamond mines. It also produces, manufactures, sells, and markets rough and polished diamonds; and provides technical, financial, and management consulting services. It operates in Lesotho, Botswana, Belgium, British Virgin Islands, South Africa, the United Kingdom, and Cyprus.
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