Rosslyn Data Technologies (LON:RDT) Stock Price Down 6.4% – Time to Sell?

Rosslyn Data Technologies plc (LON:RDT) shares dropped 6.4% on Thursday . The stock traded as low as GBX 1.80 and last traded at GBX 2.20. Approximately 624,827 shares changed hands during mid-day trading, an increase of 607% from the average daily volume of 88,386 shares. The stock had previously closed at GBX 2.35.

Rosslyn Data Technologies Stock Performance

The business has a 50-day moving average price of GBX 2.92 and a 200-day moving average price of GBX 3.22. The company has a quick ratio of 0.77, a current ratio of 0.68 and a debt-to-equity ratio of -271.36. The firm has a market capitalization of £1.63 million, a price-to-earnings ratio of 7.33 and a beta of 0.41.

Rosslyn Data Technologies (LON:RDT) last posted its quarterly earnings data on Wednesday, January 28th. The company reported GBX (2.90) earnings per share for the quarter. Rosslyn Data Technologies had a negative return on equity of 586.74% and a negative net margin of 87.74%. As a group, sell-side analysts forecast that Rosslyn Data Technologies plc will post 0.0924807 earnings per share for the current year.

About Rosslyn Data Technologies

Rosslyn Data Technologies provides an award-winning procurement analytics and predictive analytics platform. The Rosslyn Platform helps organizations with diverse supply chains mitigate risk and make informed strategic decisions. It leverages automated workflows, artificial intelligence and machine learning to extract and consolidate procurement data providing visibility of complex supplier data, enabling supplier spend savings and delivering rapid ROI