River and Mercantile Group (LON:RIV) Stock Passes Below 50 Day Moving Average – Here’s What Happened

River and Mercantile Group PLC (LON:RIVGet Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 49.40 ($0.62) and traded as low as GBX 49.40 ($0.62). River and Mercantile Group shares last traded at GBX 49.40 ($0.62), with a volume of 1,318,314 shares traded.

River and Mercantile Group Stock Performance

The stock’s fifty day moving average price is GBX 49.40 and its 200 day moving average price is GBX 49.40. The stock has a market cap of £42.40 million and a P/E ratio of -22.45. The company has a current ratio of 2.90, a quick ratio of 0.98 and a debt-to-equity ratio of 2.92.

About River and Mercantile Group

(Get Free Report)

River and Mercantile Group PLC is an asset management holding company. Through its subsidiaries, the firm engages in advisory, fiduciary management, long-term asset management, pension funds, derivative solutions, and equity solutions. It invests in the public equity markets across the globe. The firm uses a combination of fundamental and quantitative analysis to make its investments.

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