Arden Partners plc (LON:ARDN – Get Free Report) shares dropped 3.1% during trading on Thursday . The company traded as low as GBX 14 ($0.18) and last traded at GBX 15.50 ($0.20). Approximately 10,499 shares were traded during trading, a decline of 73% from the average daily volume of 39,217 shares. The stock had previously closed at GBX 16 ($0.20).
Arden Partners Trading Down 3.1 %
The stock has a 50-day simple moving average of GBX 15.50 and a 200 day simple moving average of GBX 15.50. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 10.34. The company has a market cap of £4.51 million and a price-to-earnings ratio of 3.97.
About Arden Partners
Arden Partners plc operates as a multi-service stockbroker for small and mid-cap companies in the United Kingdom. It provides various financial services consisting of corporate advisory, such as nominated adviser and sponsor services, strategic corporate finance advice and strategic reviews, and capital restructurings, as well as services related to takeover codes comprising of advice on bids and mergers, public to private transactions, and public company and hostile related services.
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