Prime People (LON:PRP) Shares Cross Below 50 Day Moving Average – Here’s Why

Prime People Plc (LON:PRPGet Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 67 ($0.85) and traded as low as GBX 63 ($0.80). Prime People shares last traded at GBX 67 ($0.85), with a volume of 101,325 shares changing hands.

Prime People Price Performance

The company has a market cap of £8.15 million and a P/E ratio of 10.98. The company has a fifty day moving average price of GBX 67 and a two-hundred day moving average price of GBX 67. The company has a debt-to-equity ratio of 18.17, a quick ratio of 1.70 and a current ratio of 1.83.

About Prime People

(Get Free Report)

Prime People Plc, together with its subsidiaries, provides permanent and contract recruitment services in the United Kingdom, Asia, and internationally. It offers professional recruitment consultancy for the real estate and built environment sectors under the Macdonald & Company brand; and professional recruitment consultancy for the energy, renewables, and environmental sectors under the Prime Energy brand.

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