Gem Diamonds Limited 9.6% Potential Upside Indicated by Liberum Capital

Broker Ratings
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Gem Diamonds Limited using EPIC/TICKER code (LON:GEMD) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ this morning by analysts at Liberum Capital. Gem Diamonds Limited are listed in the Basic Materials sector within International Main Market. Liberum Capital have set a target price of 60 GBX on its stock. This indicates the analyst now believes there is a potential upside of 9.6% from the opening price of 54.74 GBX. Over the last 30 and 90 trading days the company share price has decreased 6.56 points and decreased 18.36 points respectively. The 52 week high share price is 115 GBX while the year low stock price is currently 51.88 GBX.

Gem Diamonds Limited has a 50 day moving average of 66.81 GBX and the 200 Day Moving Average price is recorded at 79.73. There are currently 138,983,824 shares in issue with the average daily volume traded being 51,292. Market capitalisation for LON:GEMD is £72,104,809 GBP.

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