Watchstone Group (LON:WTG) Shares Down 4.3%

Watchstone Group PLC (LON:WTG) shares were down 4.3% during mid-day trading on Thursday . The stock traded as low as GBX 70.50 ($0.92) and last traded at GBX 70.50 ($0.92), approximately 10,421 shares traded hands during mid-day trading. A decline of 51% from the average daily volume of 21,156 shares. The stock had previously closed at GBX 73.70 ($0.96).

Separately, Peel Hunt reiterated an “add” rating on shares of Watchstone Group in a research note on Thursday, May 9th.

The firm’s 50 day simple moving average is GBX 70.68. The company has a current ratio of 2.58, a quick ratio of 2.51 and a debt-to-equity ratio of 7.45. The firm has a market cap of $32.46 million and a P/E ratio of -1.76.

About Watchstone Group (LON:WTG)

Watchstone Group plc provides technology solutions to the insurance, automotive, and healthcare industries in the United Kingdom, Canada, the United States, and internationally. It operates through two segments, Ingenie and Healthcare Services. It owns and operates physical rehabilitation clinics; and offers InnoCare, a clinic management software platform, as well as provides call center and customer service operation services.

Further Reading: How To Calculate Debt-to-Equity Ratio

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