Revolution Beauty Group (LON:REVB) Shares Down 0.8% – Here’s What Happened

Revolution Beauty Group plc (LON:REVB)’s stock price traded down 0.8% on Thursday . The company traded as low as GBX 4.84 and last traded at GBX 5.02. 169,523 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 1,579,710 shares. The stock had previously closed at GBX 5.06.

Revolution Beauty Group Stock Down 0.8%

The company’s 50 day simple moving average is GBX 4.37 and its 200-day simple moving average is GBX 3.84. The company has a current ratio of 0.58, a quick ratio of 0.76 and a debt-to-equity ratio of -96.99. The firm has a market cap of £43.66 million, a P/E ratio of -0.65 and a beta of 1.32.

Revolution Beauty Group Company Profile

Revolution Beauty is a multi-brand, multi-category, multi-channel, mass beauty innovator with proven global scale. Since its foundation by Adam Minto and Tom Allsworth in 2014, the Group has grown rapidly by establishing a retail footprint of c. 11,000 doors across leading retail chains in the UK, USA and internationally. This is complemented by a fast-growing digital business, including its direct to consumer website and an increasing number of global digital partners.

The Group is recognised as one of the fastest product innovators in the accessible beauty market, and is challenging the established order by rapidly developing and launching new products to take advantage of new market trends, promoting brand awareness via social influencer marketing, its own social media following of 6.3 million, and by providing high quality products at prices substantially lower than beauty prestige competitors.

At its core, the Group is committed to inclusivity and diversity and offers cosmetics shades for every skin colour and across every price point.