ADVFN (LON:AFN) Shares Down 8.1% – What’s Next?

ADVFN Plc (LON:AFN)’s share price dropped 8.1% during mid-day trading on Thursday . The company traded as low as GBX 16.10 ($0.21) and last traded at GBX 17 ($0.22). Approximately 32,433 shares traded hands during mid-day trading, an increase of 31% from the average daily volume of 24,770 shares. The stock had previously closed at GBX 18.50 ($0.24).

ADVFN Stock Performance

The stock has a market cap of £7.87 million, a P/E ratio of -425.00 and a beta of 0.75. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.55 and a current ratio of 3.32. The firm’s 50 day moving average is GBX 19.80 and its 200 day moving average is GBX 17.11.

ADVFN Company Profile

ADVFN Plc, together with subsidiaries, develops and provides financial information through the internet and research services in the United Kingdom and internationally. The company offers forex, crypto, futures, stock, and commodity market services; and market data services. It also provides financial broking, financial conference event, and other internet services.