RS Group (LON:RS1) Trading Down 4.8% – Here’s Why

RS Group plc (LON:RS1) shares traded down 4.8% on Wednesday . The company traded as low as GBX 547 and last traded at GBX 558.50. 63,223,320 shares traded hands during trading, an increase of 820% from the average session volume of 6,875,078 shares. The stock had previously closed at GBX 586.50.

RS Group Price Performance

The company has a market cap of £2.62 billion, a PE ratio of 16.52, a PEG ratio of 1.85 and a beta of 0.69. The firm’s 50-day moving average is GBX 661.93 and its 200-day moving average is GBX 614.30. The company has a quick ratio of 1.24, a current ratio of 1.94 and a debt-to-equity ratio of 39.74.

RS Group Company Profile

RS Group plc is a global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably.

We operate in 36 markets, stock over 800,000 technical and specialist products and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers. This extensive range supports our customers across the industrial lifecycle of designing, building, and maintaining equipment and operations. We enhance their experience through a tailored service model, leveraging our efficient physical, digital and process infrastructure sustainably.