XLMedia (LON:XLM) Stock Passes Below 200 Day Moving Average – Here’s Why

Shares of XLMedia PLC (LON:XLMGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 10.49 ($0.14) and traded as low as GBX 10 ($0.13). XLMedia shares last traded at GBX 10 ($0.13), with a volume of 19,888 shares trading hands.

XLMedia Trading Down 2.4 %

The firm has a market cap of £32.24 million, a PE ratio of -0.54 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. The company’s 50 day moving average price is GBX 10.44 and its two-hundred day moving average price is GBX 10.49.

Insider Buying and Selling

In other news, insider Cédric Boireau sold 38,928,944 shares of XLMedia stock in a transaction 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 ($6,047,997.51). 34.32% of the stock is currently owned by corporate insiders.

XLMedia Company Profile

(Get Free Report)

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.

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