XLMedia (LON:XLM) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

XLMedia PLC (LON:XLM) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 10.48 ($0.14) and traded as low as GBX 10 ($0.13). XLMedia shares last traded at GBX 10.32 ($0.13), with a volume of 44,728 shares trading hands.

XLMedia Stock Performance

The business has a 50 day moving average price of GBX 10.35 and a two-hundred day moving average price of GBX 10.48. The stock has a market cap of £33.27 million, a P/E ratio of -0.56 and a beta of 2.07. The company has a quick ratio of 0.96, a current ratio of 0.58 and a debt-to-equity ratio of 2.19.

Insiders Place Their Bets

In other XLMedia news, insider Cédric Boireau sold 38,928,944 shares of the company’s stock in a transaction that occurred on Monday, February 17th. The stock was sold at an average price of GBX 12 ($0.16), for a total transaction of £4,671,473.28 ($6,077,108.47). Corporate insiders own 34.32% of the company’s stock.

About XLMedia

XLMedia is a leading global digital media company that creates compelling content for highly engaged audiences and connects them to relevant advertisers.

The Group manages a portfolio of premium brands with a primary emphasis on Sports and Gaming in regulated markets. XLMedia brands are designed to reach passionate people with the right content at the right time.