Abbey (LON:ABBY) Trading Up 9,900%

Abbey plc (LON:ABBYGet Rating) shares rose 9,900% during trading on Thursday . The company traded as high as GBX 1,600 ($19.61) and last traded at GBX 1,600 ($19.61). Approximately 83,347 shares changed hands during mid-day trading, an increase of 1,902% from the average daily volume of 4,163 shares. The stock had previously closed at GBX 16 ($0.20).

Abbey Price Performance

The company has a current ratio of 7.22, a quick ratio of 2.38 and a debt-to-equity ratio of 0.04. The stock has a market cap of £334.03 million and a price-to-earnings ratio of 12.79. The company has a 50 day simple moving average of GBX 1,600 and a 200-day simple moving average of GBX 1,600.

Abbey Company Profile

(Get Rating)

Abbey plc, together with its subsidiaries, engages in the building and property development, plant hire, and property rental activities in the Republic of Ireland, the United Kingdom, and the Czech Republic. The company is involved in the residential housing and land development activities. It also engages in the hire, rental, sale, and maintenance of construction plant, vehicles, tools, and portable buildings.

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