R&Q Insurance Holdings Ltd. (LON:RQIH – Get Free Report)’s share price dropped 13.4% during mid-day trading on Thursday . The company traded as low as GBX 1.85 ($0.02) and last traded at GBX 1.87 ($0.02). Approximately 236,117 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 904,234 shares. The stock had previously closed at GBX 2.15 ($0.03).
R&Q Insurance Price Performance
The business’s 50 day moving average is GBX 4.72 and its two-hundred day moving average is GBX 9.12. The company has a debt-to-equity ratio of 132.16, a current ratio of 3.06 and a quick ratio of 1,042.17. The firm has a market capitalization of £8.11 million, a PE ratio of -2.62 and a beta of 0.39.
About R&Q Insurance
R&Q Insurance Holdings Ltd. operates as a non-life speciality insurance company in the United Kingdom, North America, and Europe. The company provides program management and legacy insurance; and capital solutions for books of non-life business. It acts as conduits between MGAs and other niche underwriters and their capital providers.
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