GCM Resources Plc (LON:GCM – Get Free Report)’s stock price was down 6.3% during trading on Tuesday . The company traded as low as GBX 12.50 and last traded at GBX 13.30. Approximately 6,099,365 shares were traded during mid-day trading, an increase of 88% from the average daily volume of 3,248,818 shares. The stock had previously closed at GBX 14.20.
GCM Resources Price Performance
The company has a debt-to-equity ratio of 17.40, a current ratio of 0.09 and a quick ratio of 0.11. The stock has a market capitalization of £46.85 million, a P/E ratio of -24.80 and a beta of 0.71. The company’s 50 day simple moving average is GBX 7.24 and its two-hundred day simple moving average is GBX 6.69.
Insider Activity at GCM Resources
In related news, insider Keith Fulton sold 144,368 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of GBX 17, for a total transaction of £24,542.56. 0.67% of the stock is owned by insiders.
About GCM Resources
GCM Resources Plc, together with its subsidiaries, operates as a resource exploration and development company in the United States. The company primarily engages in the development of the Phulbari coal and power project that relates to thermal coal and semi-soft coking coal located in Northwest, Bangladesh. GCM Resources Plc was incorporated in 2003 and is based in London, the United Kingdom.
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