Prime People (LON:PRP) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Prime People Plc (LON:PRP)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 67 ($0.84) and traded as low as GBX 63 ($0.79). Prime People shares last traded at GBX 67 ($0.84), with a volume of 101,325 shares traded.

Prime People Trading Down 10.1 %

The stock has a market cap of £8.15 million and a P/E ratio of 10.98. The firm’s 50 day simple moving average is GBX 67 and its two-hundred day simple moving average is GBX 67. The company has a quick ratio of 1.70, a current ratio of 1.83 and a debt-to-equity ratio of 18.17.

About Prime People

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.