RBG (LON:RBGP) Shares Down 12% – Here’s Why

RBG Holdings plc (LON:RBGP)’s stock price was down 12% during trading on Tuesday . The stock traded as low as GBX 1.76 ($0.02) and last traded at GBX 1.76 ($0.02). Approximately 1,127,937 shares were traded during trading, an increase of 167% from the average daily volume of 422,306 shares. The stock had previously closed at GBX 2 ($0.03).

RBG Price Performance

The company has a 50 day moving average price of GBX 4.02 and a 200 day moving average price of GBX 7.52. The firm has a market cap of £2.23 million, a PE ratio of -9.59 and a beta of 0.51. The company has a current ratio of 1.25, a quick ratio of 1.61 and a debt-to-equity ratio of 146.53.

About RBG

RBG Holdings plc provides legal and professional services to companies, banks, entrepreneurs, and individuals in the United Kingdom, rest of Europe, North America, and internationally. It operates through Legal Services, Litigation Finance, and Other Professional Services segments. The company offers legal services in respect of commercial disputes, including claims for breach of contract, negligence, commercial fraud, shareholder, and company disputes, as well as cross-border insolvency services; and corporate investigations, financial crime, contentious probate, arbitration, and mediation services to companies, banks, entrepreneurs, and individuals.