Gem Diamonds (LON:GEMD) Stock Price Down 10.5%

Gem Diamonds Limited (LON:GEMD) shares were down 10.5% on Monday . The stock traded as low as GBX 10.96 ($0.14) and last traded at GBX 10.96 ($0.14). Approximately 715,600 shares changed hands during mid-day trading, an increase of 82% from the average daily volume of 393,978 shares. The stock had previously closed at GBX 12.25 ($0.16).

Gem Diamonds Stock Down 10.5 %

The firm has a market capitalization of £15.31 million, a P/E ratio of -1,170.00, a P/E/G ratio of 0.18 and a beta of 1.51. The company’s 50-day simple moving average is GBX 12.87 and its two-hundred day simple moving average is GBX 11.63. The company has a debt-to-equity ratio of 19.43, a current ratio of 1.56 and a quick ratio of 1.09.

Gem Diamonds Company Profile

Gem Diamonds Limited, together with its subsidiaries, operates diamond mines. It also produces, manufactures, sells, and markets rough and polished diamonds; and provides technical, financial, and management consulting services. It operates in Lesotho, Botswana, Belgium, British Virgin Islands, South Africa, the United Kingdom, and Cyprus.