Record (LON:REC) Issues Quarterly Earnings Results

Record (LON:REC) issued its quarterly earnings data on Friday. The company reported GBX 3.92 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Record had a net margin of 21.42% and a return on equity of 30.24%. The business had revenue of GBX 4,010 million during the quarter.

Record Price Performance

Shares of LON REC opened at GBX 47 on Friday. Record has a twelve month low of GBX 46.77 and a twelve month high of GBX 67.80. The stock’s 50 day moving average price is GBX 54.54 and its 200-day moving average price is GBX 54.67. The company has a market capitalization of £90.78 million, a PE ratio of 10.98 and a beta of 0.75. The company has a quick ratio of 4.03, a current ratio of 37.68 and a debt-to-equity ratio of 49.24.

About Record

Record Financial Group is a leading specialist currency and asset manager with $102.7 billion in Assets Under Management Equivalents (as of 28th June 2024) for institutional clients, with global offices across London, Frankfurt, Zürich and Düsseldorf.

We have over 40 years’ experience in passive and active currency hedging, as well as return-seeking strategies. We can simplify currency for you and provide cost-effective solutions to almost all currency-related challenges. Our clients are asset managers, pension funds, foundations, and other institutional investors.

Our asset management team offers best in class, yield-seeking strategies across various private market asset classes including EM Debt, Digital Lending, Private Credit and Infrastructure strategies.