Record (LON:REC) Sets New 1-Year Low – What’s Next?

Record plc (LON:REC)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 46.80 and last traded at GBX 46.80, with a volume of 1484786 shares traded. The stock had previously closed at GBX 47.

Record Stock Performance

The company has a quick ratio of 4.03, a current ratio of 37.68 and a debt-to-equity ratio of 49.24. The firm has a 50-day moving average price of GBX 54.54 and a 200 day moving average price of GBX 54.67. The firm has a market capitalization of £90.40 million, a PE ratio of 10.93 and a beta of 0.75.

Record (LON:REC) last posted its quarterly earnings data on Friday, June 19th. The company reported GBX 3.92 earnings per share (EPS) for the quarter. Record had a return on equity of 30.24% and a net margin of 21.42%.The firm had revenue of GBX 4,010 million for the quarter. Research analysts expect that Record plc will post 4.691358 earnings per share for the current year.

About Record

Record Financial Group is a leading specialist currency and asset manager with $102.7 billion in Assets Under Management Equivalents (as of 28th June 2024) for institutional clients, with global offices across London, Frankfurt, Zürich and Düsseldorf.

We have over 40 years’ experience in passive and active currency hedging, as well as return-seeking strategies. We can simplify currency for you and provide cost-effective solutions to almost all currency-related challenges. Our clients are asset managers, pension funds, foundations, and other institutional investors.

Our asset management team offers best in class, yield-seeking strategies across various private market asset classes including EM Debt, Digital Lending, Private Credit and Infrastructure strategies.