GCM Resources Plc (LON:GCM – Get Free Report)’s share price fell 11.9% during trading on Monday. The stock traded as low as GBX 14 and last traded at GBX 14.10. Approximately 2,972,340 shares changed hands during trading, a decline of 12% from the average daily volume of 3,364,750 shares. The stock had previously closed at GBX 16.
GCM Resources Trading Down 11.9%
The company has a fifty day moving average of GBX 9.94 and a 200-day moving average of GBX 7.22. The company has a debt-to-equity ratio of 17.40, a current ratio of 0.09 and a quick ratio of 0.11. The firm has a market capitalization of £53.27 million, a PE ratio of -28.20 and a beta of 0.71.
Insider Activity
In related news, insider Keith Fulton sold 144,368 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of GBX 17, for a total value of £24,542.56. 0.67% of the stock is currently owned by corporate insiders.
GCM Resources Company Profile
GCM Resources Plc, together with its subsidiaries, operates as a resource exploration and development company in the United States. The company primarily engages in the development of the Phulbari coal and power project that relates to thermal coal and semi-soft coking coal located in Northwest, Bangladesh. GCM Resources Plc was incorporated in 2003 and is based in London, the United Kingdom.
Featured Stories
- Five stocks we like better than GCM Resources
- Six Flags Launches FlexPay—Is There Any FUN Left in the Stock?
- Brewing Trouble? Starbucks Spills the Beans on 250 Store Closures
- Stitch Fix Stock Plunges as Guidance Puts the Turnaround on Pause
- Harley-Davidson Insiders Are Buying: Is HOG Finally Turning Around?
Receive News & Ratings for GCM Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCM Resources and related companies with MarketBeat.com's FREE daily email newsletter.
