TLA Worldwide (LON:TLA) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

TLA Worldwide Plc (LON:TLAGet Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1.70 ($0.02) and traded as low as GBX 1.38 ($0.02). TLA Worldwide shares last traded at GBX 1.70 ($0.02), with a volume of 2,672,752 shares.

TLA Worldwide Stock Up 13.3 %

The company has a debt-to-equity ratio of 161.43, a quick ratio of 0.07 and a current ratio of 0.72. The firm has a market capitalization of £2.44 million and a PE ratio of -0.09. The company’s 50 day simple moving average is GBX 1.70 and its 200-day simple moving average is GBX 1.70.

TLA Worldwide Company Profile

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TLA Worldwide plc, together with its subsidiaries, operates as an integrated talent representation and sports marketing company in the United Kingdom, North America, and Australia. It operates through two segments, Baseball Representation and Sports Marketing. The company assists the on-field activities of baseball players, including various aspects of a player's contract negotiation; assists the on-field and off-field activities of athletes; represents broadcasters and coaches in respect of their contract negotiations; and manages and produces events primarily in sports.

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