Arden Partners (LON:ARDN) Shares Down 3.1%

Arden Partners plc (LON:ARDN – Get Rating)’s stock price fell 3.1% during mid-day trading on Friday . The company traded as low as GBX 14 ($0.17) and last traded at GBX 15.50 ($0.19). 10,499 shares traded hands during mid-day trading, a decline of 73% from the average session 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 P/E ratio of 3.97. The company has a debt-to-equity ratio of 10.34, a quick ratio of 2.13 and a current ratio of 2.13. The business has a 50 day simple moving average of GBX 15.50 and a 200-day simple moving average of GBX 15.50.

About Arden Partners

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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.