Home » Reports » Gem Diamonds Limited 3.1% Potential Decrease Indicated by JP Morgan Cazenove

Gem Diamonds Limited 3.1% Potential Decrease Indicated by JP Morgan Cazenove

Gem Diamonds Limited using EPIC/TICKER code (LON:GEMD) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Gem Diamonds Limited are listed in the Basic Materials sector within International Main Market. JP Morgan Cazenove have set a target price of 50 GBX on its stock. This now indicates the analyst believes there is a potential downside of -3.1% from the opening price of 51.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 11 points and decreased 20.2 points respectively. The 1 year high for the share price is 114.5 GBX while the year low stock price is currently 48.19 GBX.

Gem Diamonds Limited has a 50 day moving average of 62.60 GBX and the 200 Day Moving Average price is recorded at 76.97. There are currently 138,983,824 shares in issue with the average daily volume traded being 149,330. Market capitalisation for LON:GEMD is £73,661,426 GBP.

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