Tremor International (NASDAQ:TRMR) Shares Down 2.5%

Tremor International Ltd (NASDAQ:TRMR)’s share price was down 2.5% during trading on Tuesday . The stock traded as low as $7.75 and last traded at $7.84. Approximately 39,300 shares traded hands during trading, an increase of 21% from the average daily volume of 32,483 shares. The stock had previously closed at $8.04.

Tremor International Price Performance

The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.05 and a current ratio of 2.05. The stock has a market cap of $569.33 million, a PE ratio of -56.00 and a beta of 1.92. The business has a 50 day moving average price of $7.25 and a two-hundred day moving average price of $6.29.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TRMR. S Squared Technology LLC boosted its holdings in shares of Tremor International by 3.1% in the 4th quarter. S Squared Technology LLC now owns 328,284 shares of the company’s stock worth $1,661,000 after buying an additional 10,000 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in shares of Tremor International during the 4th quarter worth approximately $62,000. Finally, Mithaq Capital SPC increased its stake in shares of Tremor International by 99.9% during the 4th quarter. Mithaq Capital SPC now owns 717,680 shares of the company’s stock worth $3,631,000 after purchasing an additional 358,711 shares during the last quarter. Institutional investors own 7.88% of the company’s stock.

About Tremor International

Tremor International Ltd provides end-to-end software platform that enables advertisers to reach relevant audiences and publishers. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats.