River and Mercantile Group (LON:RIV) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

River and Mercantile Group PLC (LON:RIV)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 49.40 ($0.64) and traded as low as GBX 49.40 ($0.64). River and Mercantile Group shares last traded at GBX 49.40 ($0.64), with a volume of 1,318,314 shares changing hands.

River and Mercantile Group Price Performance

The business’s 50 day moving average is GBX 49.40 and its two-hundred day moving average is GBX 49.40. The firm has a market capitalization of £42.40 million and a PE ratio of -22.45. The company has a debt-to-equity ratio of 2.92, a quick ratio of 0.98 and a current ratio of 2.90.

About River and Mercantile Group

River and Mercantile Group PLC is an asset management holding company. Through its subsidiaries, the firm engages in advisory, fiduciary management, long-term asset management, pension funds, derivative solutions, and equity solutions. It invests in the public equity markets across the globe. The firm uses a combination of fundamental and quantitative analysis to make its investments.