Abbey (LON:ABBY) Trading 9,900% Higher – Here’s What Happened

Abbey plc (LON:ABBYGet Free Report) shares rose 9,900% during mid-day trading on Thursday . The company traded as high as GBX 1,600 ($20.28) and last traded at GBX 1,600 ($20.28). Approximately 83,347 shares were traded during trading, an increase of 1,902% from the average daily volume of 4,163 shares. The stock had previously closed at GBX 16 ($0.20).

Abbey Stock Performance

The company has a current ratio of 7.22, a quick ratio of 2.38 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of £334.03 million and a PE ratio of 12.79. The stock’s 50 day moving average price is GBX 1,600 and its two-hundred day moving average price is GBX 1,600.

About Abbey

(Get Free Report)

Abbey plc, together with its subsidiaries, engages in the building and property development, plant hire, and property rental activities in the Republic of Ireland, the United Kingdom, and the Czech Republic. The company is involved in the residential housing and land development activities. It also engages in the hire, rental, sale, and maintenance of construction plant, vehicles, tools, and portable buildings.

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