Firestone Diamonds (LON:FDI) Stock Price Crosses Below 200 Day Moving Average of $0.00

Firestone Diamonds PLC (LON:FDI)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as low as $1.30. Firestone Diamonds shares last traded at $1.30, with a volume of 186,629 shares trading hands.

Separately, Berenberg Bank reaffirmed a “sell” rating and issued a GBX 2 ($0.03) price objective on shares of Firestone Diamonds in a research note on Thursday, April 25th.

The firm has a market capitalization of $7.49 million and a P/E ratio of -0.60. The firm has a 50 day moving average price of GBX 1.27 and a 200-day moving average price of GBX 1.91. The company has a current ratio of 2.05, a quick ratio of 1.53 and a debt-to-equity ratio of 469.68.

About Firestone Diamonds (LON:FDI)

Firestone Diamonds plc mines, explores for, and develops diamond properties in Lesotho and Botswana. Its flagship asset is the Liqhobong diamond mine located in Lesotho Highlands. The company was incorporated in 1998 and is based in London, the United Kingdom.

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