Gem Diamonds Limited 16.7% Potential Decrease Indicated by Barclays Capital

Broker Ratings
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Gem Diamonds Limited using EPIC/TICKER code (LON:GEMD) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at Barclays Capital. Gem Diamonds Limited are listed in the Basic Materials sector within International Main Market. Barclays Capital have set their target price at 50 GBX on its stock. This now indicates the analyst believes there is a potential downside of -16.7% from today’s opening price of 60 GBX. Over the last 30 and 90 trading days the company share price has increased 7 points and decreased 10 points respectively. The 1 year high stock price is 110.87 GBX while the 52 week low is 48.19 GBX.

Gem Diamonds Limited has a 50 day moving average of 56.85 GBX and the 200 Day Moving Average price is recorded at 72.93. There are currently 736,893,589 shares in issue with the average daily volume traded being 195,051. Market capitalisation for LON:GEMD is £82,556,393 GBP.

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