Arden Partners (LON:ARDN) Stock Price Passes Below 50 Day Moving Average of $15.50

Shares of Arden Partners plc (LON:ARDNGet Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 15.50 ($0.19) and traded as low as GBX 14 ($0.17). Arden Partners shares last traded at GBX 15.50 ($0.19), with a volume of 10,499 shares.

Arden Partners Price Performance

The company has a debt-to-equity ratio of 10.34, a quick ratio of 2.13 and a current ratio of 2.13. The stock has a market cap of £4.51 million and a price-to-earnings ratio of 3.97. The business’s fifty day simple moving average is GBX 15.50 and its 200 day simple moving average is GBX 15.50.

About Arden Partners

(Get Free Report)

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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