Ramsdens Holdings Director Increases Shareholding

Ramsdens Holdings ( (GB:RFX) ) just unveiled an update.

Ramsdens Holdings PLC announced that Simon Herrick, a Non-Executive Director, acquired 196 ordinary shares at a price of 343.7p per share, increasing his total holdings to 27,735 shares. This transaction, conducted on the London Stock Exchange’s AIM, reflects continued confidence in the company’s diversified financial services and retail operations, potentially impacting its market perception and stakeholder interests.

The most recent analyst rating on (GB:RFX) stock is a Hold with a £361.00 price target. To see the full list of analyst forecasts on Ramsdens Holdings stock, see the GB:RFX Stock Forecast page.

Spark’s Take on GB:RFX Stock

According to Spark, TipRanks’ AI Analyst, GB:RFX is a Neutral.

Ramsdens Holdings’ strong financial performance is the primary driver of its stock score, supported by solid revenue growth and cash flow management. However, technical analysis indicates bearish momentum, which weighs down the overall score. The stock’s reasonable valuation with a low P/E ratio and decent dividend yield provides some balance.

To see Spark’s full report on GB:RFX stock, click here.

More about Ramsdens Holdings

Ramsdens Holdings PLC is a diversified financial services provider and retailer, operating in four core business segments: foreign currency exchange, pawnbroking loans, precious metals buying and selling, and retailing of second-hand and new jewellery. The company, headquartered in Middlesbrough, operates 169 stores across the UK and has a growing online presence. Ramsdens is fully FCA authorised for its pawnbroking, credit broking activities, and as an authorised payments institution.

Average Trading Volume: 105,524

Technical Sentiment Signal: Buy

Current Market Cap: £110.7M

Find detailed analytics on RFX stock on TipRanks’ Stock Analysis page.