Rathbones Group (LON:RAT) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Rathbones Group Plc (LON:RAT)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,738.95 ($21.70) and traded as high as GBX 1,792 ($22.37). Rathbones Group shares last traded at GBX 1,688 ($21.07), with a volume of 71,066 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “buy” rating on shares of Rathbones Group in a research report on Tuesday, January 28th.

Rathbones Group Price Performance

The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87. The stock has a market cap of £1.46 billion, a P/E ratio of 2,767.21, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65. The company’s fifty day simple moving average is GBX 1,665.60 and its 200-day simple moving average is GBX 1,738.95.

About Rathbones Group

Rathbones provides individual investment and wealth management services for private clients, charities, trustees and professional partners. We have been trusted for generations to manage and preserve our clients’ wealth. Our tradition of investing and acting for everyone’s tomorrow has been with us from the beginning and continues to lead us forward.

Rathbones has over 3,500 employees in 23 UK locations and Jersey; its headquarters is 8 Finsbury Circus, London, EC2M 7AZ.