RBG (LON:RBGP) Shares Down 5.8%

RBG Holdings plc (LON:RBGP) traded down 5.8% during mid-day trading on Friday . The company traded as low as GBX 12.03 ($0.15) and last traded at GBX 12.25 ($0.15). 255,430 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 248,879 shares. The stock had previously closed at GBX 13 ($0.16).

RBG Stock Down 5.8 %

The stock has a market capitalization of £15.76 million, a price-to-earnings ratio of -204.17 and a beta of 0.63. The company has a quick ratio of 1.61, a current ratio of 0.83 and a debt-to-equity ratio of 71.17. The firm has a 50-day moving average of GBX 10.04 and a two-hundred day moving average of GBX 13.73.

Insider Activity at RBG

In other news, insider Jon Divers bought 333,333 shares of the company’s stock in a transaction on Thursday, March 14th. The shares were bought at an average cost of GBX 9 ($0.11) per share, with a total value of £29,999.97 ($37,345.91). 55.68% of the stock is owned by insiders.

About RBG

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.