Jarvis Securities (LON:JIM) Shares Pass Below 200-Day Moving Average – Here’s Why

Jarvis Securities plc (LON:JIM)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 15.70 and traded as low as GBX 8.50. Jarvis Securities shares last traded at GBX 8.50, with a volume of 61,356 shares traded.

Jarvis Securities Stock Performance

The business has a fifty day simple moving average of GBX 8.16 and a 200 day simple moving average of GBX 15.58. The stock has a market cap of £3.76 million, a price-to-earnings ratio of 0.98 and a beta of 0.32.

Jarvis Securities (LON:JIM) last released its quarterly earnings results on Tuesday, December 30th. The company reported GBX 3.26 earnings per share for the quarter. Jarvis Securities had a return on equity of 66.17% and a net margin of 30.14%. On average, equities research analysts anticipate that Jarvis Securities plc will post 9.9173554 EPS for the current fiscal year.

About Jarvis Securities

Jarvis Securities plc, through its subsidiary, Jarvis Investment Management Limited, provides stock broking services to retail and institutional clients in the United Kingdom. The company offers retail execution-only stockbroking services; ISA investment wrappers and savings schemes; and nominee, certificated, and SIPP accounts. It also provides financial administration, settlement, and safe custody services to other stockbrokers and investment firms. In addition, the company offers Model B clearing and settlement services.