RBG (LON:RBGP) Trading Down 5.9% – Here’s What Happened

RBG Holdings plc (LON:RBGP) dropped 5.9% during mid-day trading on Wednesday . The stock traded as low as GBX 1.85 ($0.02) and last traded at GBX 2 ($0.03). Approximately 95,587 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 419,657 shares. The stock had previously closed at GBX 2.13 ($0.03).

RBG Stock Performance

The stock has a market cap of £2.57 million, a price-to-earnings ratio of -11.76 and a beta of 0.51. The firm’s 50-day moving average is GBX 4.39 and its two-hundred day moving average is GBX 7.83. The company has a current ratio of 1.25, a quick ratio of 1.61 and a debt-to-equity ratio of 146.53.

RBG Company Profile

RBG Holdings plc provides legal and professional services to companies, banks, entrepreneurs, and individuals in the United Kingdom, rest of Europe, North America, and internationally. It operates through Legal Services, Litigation Finance, and Other Professional Services segments. The company offers legal services in respect of commercial disputes, including claims for breach of contract, negligence, commercial fraud, shareholder, and company disputes, as well as cross-border insolvency services; and corporate investigations, financial crime, contentious probate, arbitration, and mediation services to companies, banks, entrepreneurs, and individuals.