TruFin (LON:TRU) Shares Down 2% – Time to Sell?

TruFin plc (LON:TRUGet Free Report)’s stock price dropped 2% during trading on Tuesday . The stock traded as low as GBX 114 and last traded at GBX 114.15. Approximately 106,149 shares were traded during mid-day trading, a decline of 19% from the average daily volume of 131,694 shares. The stock had previously closed at GBX 116.50.

TruFin Price Performance

The company has a quick ratio of 3.55, a current ratio of 1.85 and a debt-to-equity ratio of 10.51. The firm’s 50-day moving average is GBX 116.64 and its 200-day moving average is GBX 109.71. The company has a market cap of £112.62 million, a PE ratio of 17.84 and a beta of 1.06.

About TruFin

(Get Free Report)

TruFin plc provides niche lending, early payment services, and video game publishing in the United Kingdom. It operates through four segments: Short Term Finance, Payment Services, Publishing, and Other. The company also engages in provision of distribution finance products, and invoice discounting; early payment programme, payment control, and market insight services; publishing of video games; and investment activities. The company was incorporated in 2017 and is based in London, the United Kingdom.

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