Rosslyn Data Technologies (LON:RDT) Stock Price Down 6.4% – Here’s Why

Shares of Rosslyn Data Technologies plc (LON:RDT) were down 6.4% during trading on Thursday . The company traded as low as GBX 1.80 and last traded at GBX 2.20. Approximately 624,827 shares changed hands during mid-day trading, an increase of 607% from the average daily volume of 88,386 shares. The stock had previously closed at GBX 2.35.

Rosslyn Data Technologies Stock Down 6.4%

The stock has a market capitalization of £1.63 million, a PE ratio of 7.33 and a beta of 0.41. The company has a debt-to-equity ratio of -271.36, a current ratio of 0.68 and a quick ratio of 0.77. The business’s fifty day moving average price is GBX 2.92 and its two-hundred day moving average price is GBX 3.22.

Rosslyn Data Technologies (LON:RDT) last released its earnings results on Wednesday, January 28th. The company reported GBX (2.90) earnings per share (EPS) for the quarter. Rosslyn Data Technologies had a negative net margin of 87.74% and a negative return on equity of 586.74%. On average, equities research analysts forecast that Rosslyn Data Technologies plc will post 0.0924807 EPS for the current fiscal year.

Rosslyn Data Technologies Company Profile

Rosslyn Data Technologies provides an award-winning procurement analytics and predictive analytics platform. The Rosslyn Platform helps organizations with diverse supply chains mitigate risk and make informed strategic decisions. It leverages automated workflows, artificial intelligence and machine learning to extract and consolidate procurement data providing visibility of complex supplier data, enabling supplier spend savings and delivering rapid ROI