Arden Partners (LON:ARDN) Trading Down 3.1% – Here’s Why

Shares of Arden Partners plc (LON:ARDNGet Free Report) were down 3.1% during mid-day trading on Monday . The stock traded as low as GBX 14 ($0.18) and last traded at GBX 15.50 ($0.20). Approximately 10,499 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 39,217 shares. The stock had previously closed at GBX 16 ($0.20).

Arden Partners Price Performance

The stock has a market cap of £4.51 million and a price-to-earnings ratio of 3.97. The company has a 50-day moving average of GBX 15.50 and a 200-day moving average of GBX 15.50. The company has a debt-to-equity ratio of 10.34, a quick ratio of 2.13 and a current ratio of 2.13.

Arden Partners Company Profile

(Get Free Report)

Arden Partners plc operates as a multi-service stockbroker for small and mid-cap companies in the United Kingdom. It provides various financial services consisting of corporate advisory, such as nominated adviser and sponsor services, strategic corporate finance advice and strategic reviews, and capital restructurings, as well as services related to takeover codes comprising of advice on bids and mergers, public to private transactions, and public company and hostile related services.

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