River and Mercantile Group (LON:RIV) Shares Down 5% – What’s Next?

River and Mercantile Group PLC (LON:RIV) fell 5% during mid-day trading on Wednesday . The company traded as low as GBX 49.40 ($0.62) and last traded at GBX 49.40 ($0.62). 1,318,314 shares changed hands during trading, an increase of 423% from the average session volume of 252,123 shares. The stock had previously closed at GBX 52 ($0.66).

River and Mercantile Group Stock Performance

The firm’s fifty day simple moving average is GBX 49.40 and its 200 day simple moving average is GBX 49.40. The company has a market capitalization of £42.40 million and a PE ratio of -22.45. The company has a debt-to-equity ratio of 2.92, a current ratio of 2.90 and a quick ratio of 0.98.

About River and Mercantile Group

River and Mercantile Group PLC is an asset management holding company. Through its subsidiaries, the firm engages in advisory, fiduciary management, long-term asset management, pension funds, derivative solutions, and equity solutions. It invests in the public equity markets across the globe. The firm uses a combination of fundamental and quantitative analysis to make its investments.