Gem Diamonds (LON:GEMD) Reaches New 52-Week Low at $8.40

Gem Diamonds Limited (LON:GEMDGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 8.40 ($0.11) and last traded at GBX 8.60 ($0.11), with a volume of 160392 shares trading hands. The stock had previously closed at GBX 9.03 ($0.11).

Gem Diamonds Stock Down 4.8 %

The company has a quick ratio of 1.09, a current ratio of 1.04 and a debt-to-equity ratio of 20.41. The stock has a market capitalization of £12.01 million, a P/E ratio of -860.00, a PEG ratio of 0.18 and a beta of 1.35. The company has a fifty day moving average price of GBX 9.98 and a 200-day moving average price of GBX 12.19.

About Gem Diamonds

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Gem Diamonds Limited, together with its subsidiaries, operates diamond mines. It also produces, manufactures, sells, and markets rough and polished diamonds; and provides technical, financial, and management consulting services. It operates in Lesotho, Botswana, Belgium, British Virgin Islands, South Africa, the United Kingdom, and Cyprus.

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