AIREA (LON:AIEA) Stock Price Down 2.3% – Here’s Why

AIREA plc (LON:AIEA) fell 2.3% during mid-day trading on Thursday . The stock traded as low as GBX 20.83 ($0.26) and last traded at GBX 21.50 ($0.27). 34,201 shares traded hands during trading, an increase of 70% from the average session volume of 20,147 shares. The stock had previously closed at GBX 22 ($0.28).

AIREA Stock Down 2.3 %

The firm has a 50-day moving average of GBX 25.06 and a two-hundred day moving average of GBX 27.62. The stock has a market capitalization of £8.29 million, a price-to-earnings ratio of 1,300.00 and a beta of 1.08. The company has a quick ratio of 1.66, a current ratio of 2.98 and a debt-to-equity ratio of 12.40.

Insider Transactions at AIREA

In other news, insider Conleth Campbell bought 60,000 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The shares were purchased at an average price of GBX 27 ($0.34) per share, for a total transaction of £16,200 ($20,395.32). 54.06% of the stock is currently owned by company insiders.

AIREA Company Profile

AIREA plc, together with its subsidiaries, engages in the designing and manufacture of floor coverings in the United Kingdom and internationally. The company offers carpet tiles and planks for architects, specifiers and contractors in the education, leisure, commercial, hospitality, and public sectors under the Burmatex brand name.