Ramsdens Holdings PLC. Stock Analysis RFX.L

Ramsdens Holdings Plc engages in the supply of foreign exchange services, pawnbroking, jewellery sales, and the sale of precious metals purchased from the public. The company is headquartered in Middlesbrough, North Yorkshire and currently employs 836 full-time employees. The company went IPO on 2017-02-15. The firm operates through four segments: Foreign Currency, Purchase of Precious Metals, Pawnbroking, and Retail of Jewelry & Watches. The foreign currency exchange segment comprises the sale and purchase of foreign currency notes to holidaymakers. The Pawnbroking segment consists of transaction an item of value, known as a pledge, (jewelry and watches), is held by the pawnbroker as security against a six-month loan. Through its precious metals buying service, the Company buys unwanted jewelry, gold and other precious metals from customers. The firm offers new and second-hand jewelry, including premium watches, for sale. The company also offers additional services in cheque cashing, Western Union money transfer, credit broking and receiving franchise fees. The company operates around 169 stores within the United Kingdom.