Raspberry Pi (LON:RPI) Hits New 12-Month High – Here’s What Happened

Raspberry Pi Holdings (LON:RPI)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 728.98 ($9.08) and last traded at GBX 727.70 ($9.06), with a volume of 660037 shares traded. The stock had previously closed at GBX 703.50 ($8.76).

Raspberry Pi Trading Down 0.5 %

The firm’s fifty day simple moving average is GBX 535.70 and its two-hundred day simple moving average is GBX 426.26. The company has a market capitalization of £1.31 billion and a price-to-earnings ratio of 5,447.97.

Insider Buying and Selling

In other Raspberry Pi news, insider Eben Upton CBE sold 30,000 shares of Raspberry Pi stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of GBX 620 ($7.72), for a total transaction of £186,000 ($231,573.71). 73.73% of the stock is currently owned by company insiders.

About Raspberry Pi

Our mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of engineers and enthusiasts all over the world.

Since 2012, we’ve been designing single-board and modular computers, built on the Arm architecture, and running the Linux operating system. Whether you’re an educator looking to excite the next generation of computer scientists; an enthusiast searching for inspiration for your next project; or an OEM who needs a proven rock-solid foundation for your next generation of smart products, there’s a Raspberry Pi computer for you.

That’s not all we do.