De La Rue (LON:DLAR) Shares Up 16.6% – Still a Buy?

De La Rue plc (LON:DLARGet Free Report) shares shot up 16.6% on Tuesday . The company traded as high as GBX 131.56 ($1.74) and last traded at GBX 130.57 ($1.73). 16,241,211 shares changed hands during trading, an increase of 1,910% from the average session volume of 808,162 shares. The stock had previously closed at GBX 112 ($1.48).

De La Rue Stock Performance

The company’s 50-day simple moving average is GBX 118.46 and its 200-day simple moving average is GBX 108.53. The stock has a market capitalization of £248.88 million, a price-to-earnings ratio of -12.40, a PEG ratio of -5.39 and a beta of 1.37. The company has a current ratio of 1.46, a quick ratio of 1.01 and a debt-to-equity ratio of -1,110.34.

About De La Rue

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