XLMedia (LON:XLM) Shares Up 44.1% – Here’s What Happened

Shares of XLMedia PLC (LON:XLMGet Free Report) shot up 44.1% on Monday . The company traded as high as GBX 14 ($0.18) and last traded at GBX 13.26 ($0.17). 9,275,651 shares traded hands during trading, an increase of 1,011% from the average session volume of 834,812 shares. The stock had previously closed at GBX 9.20 ($0.12).

XLMedia Price Performance

The company has a debt-to-equity ratio of 0.05, a current ratio of 2.14 and a quick ratio of 0.96. The firm has a market cap of £34.36 million, a price-to-earnings ratio of -95.15 and a beta of 2.07. The business’s 50-day moving average price is GBX 9.73 and its two-hundred day moving average price is GBX 10.71.

About XLMedia

(Get Free Report)

XLMedia PLC operates as a digital media company that creates content for audiences and connects them to relevant advertisers in North America and Europe. It owns and operates various sites in gambling, sports media, and sports betting. The company was formerly known as Webpals Marketing Systems Ltd. and changed its name to XLMedia PLC in November 2013.

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