Redde Northgate (LON:REDD) Stock Price Passes Above 50 Day Moving Average – What’s Next?

Redde Northgate plc (LON:REDD) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 429.50 ($5.41) and traded as high as GBX 433 ($5.46). Redde Northgate shares last traded at GBX 429.50 ($5.41), with a volume of 834,028 shares traded.

Redde Northgate Stock Performance

The firm has a market capitalization of £972.30 million, a P/E ratio of 753.51, a price-to-earnings-growth ratio of 0.54 and a beta of 1.66. The stock has a 50-day moving average of GBX 429.50 and a 200 day moving average of GBX 417.12. The company has a debt-to-equity ratio of 76.56, a quick ratio of 1.21 and a current ratio of 1.37.

Redde Northgate Company Profile

Redde Northgate plc provides mobility solutions and automotive services in the United Kingdom, Spain, and Ireland. The company offers contact center support, sales, claim processing, customer service, and general insurance products; provides fleet management, rapid response, and recovery management services; and supplies and installs electric vehicle charging equipment.