Gem Diamonds (LON:GEMD) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Gem Diamonds Limited (LON:GEMDGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3.53 and traded as high as GBX 3.84. Gem Diamonds shares last traded at GBX 3.67, with a volume of 147,924 shares.

Gem Diamonds Price Performance

The business’s 50 day moving average is GBX 3.97 and its two-hundred day moving average is GBX 3.55. The firm has a market cap of £6.05 million, a P/E ratio of -0.06, a P/E/G ratio of 0.18 and a beta of 1.20. The company has a quick ratio of 1.09, a current ratio of 2.34 and a debt-to-equity ratio of 25.27.

About Gem Diamonds

(Get Free Report)

Gem Diamonds is a leading global diamond producer of high value diamonds. The Company owns 70% of the Letšeng mine in Lesotho. The Letšeng mine is famous for the production of large, top colour, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world.

Featured Stories

Receive News & Ratings for Gem Diamonds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gem Diamonds and related companies with MarketBeat.com's FREE daily email newsletter.