Raspberry Pi (LON:RPI) Trading 3.2% Higher - Still a Buy?

Raspberry Pi Holdings (LON:RPI - Get Free Report)'s share price rose 3.2% during trading on Thursday . The stock traded as high as GBX 558 ($7.54) and last traded at GBX 552 ($7.46). Approximately 172,856 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 707,078 shares. The stock had previously closed at GBX 535 ($7.23).

Raspberry Pi Stock Down 0.2%

The stock has a market capitalization of £913.97 million and a P/E ratio of 153.03. The business has a fifty day moving average price of GBX 473.62 and a 200-day moving average price of GBX 535.64.

Raspberry Pi Company Profile

Our mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of engineers and enthusiasts all over the world. Since 2012, we've been designing single-board and modular computers, built on the Arm architecture, and running the Linux operating system. Whether you're an educator looking to excite the next generation of computer scientists; an enthusiast searching for inspiration for your next project; or an OEM who needs a proven rock-solid foundation for your next generation of smart products, there's a Raspberry Pi computer for you. That's not all we do.