Raspberry Pi (LON:RPI) Reaches New 12-Month High – Should You Buy?

Raspberry Pi Holdings (LON:RPI)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 768 ($9.60) and last traded at GBX 765.50 ($9.57), with a volume of 514811 shares. The stock had previously closed at GBX 740.50 ($9.26).

Raspberry Pi Trading Up 3.4 %

The stock’s 50-day moving average is GBX 576.83 and its 200-day moving average is GBX 438.54. The stock has a market cap of £1.42 billion and a price-to-earnings ratio of 5,888.46.

Insider Activity at Raspberry Pi

In other Raspberry Pi news, insider Eben Upton CBE sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of GBX 620 ($7.75), for a total transaction of £186,000 ($232,529.07). Also, insider David Ranken Gammon sold 56,000 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of GBX 710 ($8.88), for a total value of £397,600 ($497,062.13). Company insiders own 73.73% of the company’s stock.

About Raspberry Pi

Our mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of engineers and enthusiasts all over the world.

Since 2012, we’ve been designing single-board and modular computers, built on the Arm architecture, and running the Linux operating system. Whether you’re an educator looking to excite the next generation of computer scientists; an enthusiast searching for inspiration for your next project; or an OEM who needs a proven rock-solid foundation for your next generation of smart products, there’s a Raspberry Pi computer for you.

That’s not all we do.