Rathbone Brothers (LON:RAT) Share Price Passes Above Fifty Day Moving Average of $2,216.35

Shares of Rathbone Brothers plc (LON:RAT) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2,216.35 and traded as high as $2,215.00. Rathbone Brothers shares last traded at $2,210.00, with a volume of 20,770 shares trading hands.

A number of equities analysts have recently commented on RAT shares. Shore Capital restated a “hold” rating on shares of Rathbone Brothers in a research report on Thursday, May 9th. Peel Hunt restated a “buy” rating on shares of Rathbone Brothers in a research report on Monday, April 29th. Finally, Numis Securities restated a “hold” rating on shares of Rathbone Brothers in a research report on Thursday, May 9th.

The firm’s 50-day moving average is GBX 2,208.35. The company has a quick ratio of 0.16, a current ratio of 1.11 and a debt-to-equity ratio of 4.37. The stock has a market cap of $1.20 billion and a P/E ratio of 25.75.

In other news, insider Andrew Butcher sold 1,670 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of GBX 2,395 ($31.29), for a total value of £39,996.50 ($52,262.51).

Rathbone Brothers Company Profile (LON:RAT)

Rathbone Brothers Plc, through its subsidiaries, provides personalized investment and wealth management services for private clients, charities, and trustees in the United Kingdom and Jersey. Its services include discretionary investment management, unit trusts, financial planning, banking and loan, and unitized portfolio services, as well as trust, legal, estate, and tax advisory services.

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