ADVFN (LON:AFN) Stock Price Passes Below Fifty Day Moving Average – Time to Sell?

ADVFN Plc (LON:AFN) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 13.35 ($0.16) and traded as low as GBX 10.50 ($0.13). ADVFN shares last traded at GBX 10.50 ($0.13), with a volume of 2,000 shares traded.

ADVFN Price Performance

The firm has a market capitalization of £5.93 million, a P/E ratio of -320.00 and a beta of 0.75. The company has a current ratio of 3.32, a quick ratio of 0.55 and a debt-to-equity ratio of 0.52. The business’s fifty day moving average is GBX 13.24 and its 200 day moving average is GBX 17.03.

Insider Buying and Selling at ADVFN

In other news, insider Amit Tauman acquired 30,000 shares of ADVFN stock in a transaction on Monday, December 2nd. The stock was bought at an average cost of GBX 10 ($0.12) per share, with a total value of £3,000 ($3,650.08). 53.01% of the stock is owned by corporate insiders.

About ADVFN

ADVFN is an award-winning global stocks, shares and crypto information website providing market-leading financial tools and data to private investors around the world.

Offering real-time share prices, news feeds, charting, portfolio management, monitor lists, financials, data from global stock exchanges, Level 2 and the most active financial bulletin board in the UK (along with many other features), the site is the destination of choice for day traders and retail investors.