RBG (LON:RBGP) Stock Price Down 5.9% – Here’s What Happened

RBG Holdings plc (LON:RBGP)’s stock price fell 5.9% during trading on Wednesday . The company traded as low as GBX 1.85 ($0.02) and last traded at GBX 2 ($0.03). 95,587 shares changed hands during trading, a decline of 77% from the average session volume of 419,657 shares. The stock had previously closed at GBX 2.13 ($0.03).

RBG Stock Performance

The company has a quick ratio of 1.61, a current ratio of 1.25 and a debt-to-equity ratio of 146.53. The firm has a 50-day moving average price of GBX 4.57 and a 200 day moving average price of GBX 7.99. The firm has a market capitalization of £2.57 million, a PE ratio of -11.76 and a beta of 0.51.

RBG Company Profile

RBG Holdings plc provides legal and professional services to companies, banks, entrepreneurs, and individuals in the United Kingdom, rest of Europe, North America, and internationally. It operates through Legal Services, Litigation Finance, and Other Professional Services segments. The company offers legal services in respect of commercial disputes, including claims for breach of contract, negligence, commercial fraud, shareholder, and company disputes, as well as cross-border insolvency services; and corporate investigations, financial crime, contentious probate, arbitration, and mediation services to companies, banks, entrepreneurs, and individuals.