Arden Partners (LON:ARDN) Share Price Crosses Below 50 Day Moving Average – Here’s What Happened

Shares of Arden Partners plc (LON:ARDNGet Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 15.50 ($0.20) and traded as low as GBX 14 ($0.18). Arden Partners shares last traded at GBX 15.50 ($0.20), with a volume of 10,499 shares traded.

Arden Partners Stock Down 3.1 %

The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 10.34. The stock has a market cap of £4.51 million and a P/E ratio of 3.97. The firm has a 50-day simple moving average of GBX 15.50 and a two-hundred day simple moving average of 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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