Arrow Global Group (LON:ARW) Share Price Passes Above 50 Day Moving Average of $305.21

Shares of Arrow Global Group PLC (LON:ARW) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 305.21 ($3.99) and traded as high as GBX 306 ($4.00). Arrow Global Group shares last traded at GBX 305 ($3.98), with a volume of 11,365 shares.

Separately, Shore Capital reiterated a “no recommendation” rating on shares of Arrow Global Group in a research note on Monday, May 24th.

The firm’s 50-day moving average is GBX 305.21 and its 200-day moving average is GBX 515.48. The company has a debt-to-equity ratio of 1,138.10, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market capitalization of £541.11 million and a P/E ratio of 35.06.

Arrow Global Group Company Profile (LON:ARW)

Arrow Global Group PLC identifies, acquires, and manages secured and unsecured defaulted and non-core loan portfolios and real estate from and on behalf of financial institutions, such as banks, institutional investors, and credit card companies in the United Kingdom, Ireland, Portugal, Italy, and the Netherlands.

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