Redde (LON:REDD) Stock Price Crosses Below 50-Day Moving Average of $114.98

Redde PLC (LON:REDD)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $114.98 and traded as low as $110.40. Redde shares last traded at $111.40, with a volume of 99,347 shares.

The stock has a market capitalization of $341.67 million and a PE ratio of 9.77. The company has a quick ratio of 1.00, a current ratio of 1.09 and a debt-to-equity ratio of 32.91. The firm has a 50 day moving average price of GBX 115.06 and a 200-day moving average price of GBX 123.29.

About Redde (LON:REDD)

Redde plc provides a package of motor claims accident management, incident management, fleet management, and legal services in the United Kingdom. The company offers vehicle replacement, repair management, claims-handling assistance, and legal and other bespoke services. It also provides personal injury services, including motor accident, criminal injury, and medical negligence, as well as specialist serious injury services.

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