Rosslyn Data Technologies (LON:RDT) Sets New 52-Week Low – Here’s Why

Rosslyn Data Technologies plc (LON:RDT) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 4.71 ($0.06) and last traded at GBX 4.71 ($0.06), with a volume of 682884 shares. The stock had previously closed at GBX 5.13 ($0.07).

Rosslyn Data Technologies Stock Performance

The firm has a 50-day simple moving average of GBX 9.41 and a two-hundred day simple moving average of GBX 9.60. The company has a current ratio of 1.67, a quick ratio of 0.77 and a debt-to-equity ratio of 31.57. The company has a market capitalization of £847,680.00, a price-to-earnings ratio of -64.31 and a beta of 0.41.

Insider Activity at Rosslyn Data Technologies

In other news, insider James Appleby purchased 5,280,000 shares of the business’s stock in a transaction dated Tuesday, October 29th. The stock was bought at an average price of GBX 500 ($6.43) per share, with a total value of £26,400,000 ($33,972,461.72). 17.68% of the stock is currently owned by company insiders.

Rosslyn Data Technologies Company Profile

Rosslyn Data Technologies plc engages in the development and provision of data analytics software, data capture, data mining, and workflow management in the United Kingdom, Europe, and the United States. It offers Rosslyn Spend Management that enables businesses to automatically aggregate, enhance, and organize structured and unstructured data; Spend Analytics, a navigation and dashboard solution; Supplier Information Management platform for analysis gaps in the procurement provision; and Supplier Performance Management for identifying areas of potential risk within the supply chain and increase procurement's contribution to profitability.