Cornerstone FS (LON:CSFS) Stock Price Up 9.4% – Still a Buy?

Cornerstone FS plc (LON:CSFSGet Free Report)’s share price traded up 9.4% on Thursday . The stock traded as high as GBX 41 ($0.52) and last traded at GBX 40.46 ($0.52). 558,725 shares changed hands during mid-day trading, an increase of 51% from the average session volume of 369,528 shares. The stock had previously closed at GBX 37 ($0.47).

Cornerstone FS Price Performance

The stock’s fifty day moving average price is GBX 40.46 and its 200-day moving average price is GBX 38.81. The company has a current ratio of 1.24, a quick ratio of 0.28 and a debt-to-equity ratio of 548.48. The firm has a market cap of £23.23 million, a price-to-earnings ratio of -1,011.50 and a beta of 1.71.

About Cornerstone FS

(Get Free Report)

Cornerstone FS plc provides international payment, currency risk management, and electronic account services using its proprietary cloud-based multicurrency payments platform. The company offers foreign currency exchange and payment services to individuals and businesses. It also offers various lending options, such as import and export, invoice, bridging, asset, property, equity, grant funding, as well as unsecured lending services.

Featured Articles

Receive News & Ratings for Cornerstone FS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cornerstone FS and related companies with MarketBeat.com's FREE daily email newsletter.