XLMedia (LON:XLM) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

XLMedia PLC (LON:XLMGet Free Report) crossed 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 Price Performance

The company has a debt-to-equity ratio of 2.19, a quick ratio of 0.96 and a current ratio of 0.58. The firm has a fifty day simple moving average of GBX 10.44 and a 200 day simple moving average of GBX 10.49. The company has a market capitalization of £32.24 million, a PE ratio of -0.54 and a beta of 2.07.

Insider Activity

In other XLMedia news, insider Cédric Boireau sold 38,928,944 shares of the stock in a transaction dated Monday, February 17th. The shares were sold at an average price of GBX 12 ($0.16), for a total transaction of £4,671,473.28 ($6,047,997.51). Insiders own 34.32% of the company’s stock.

About XLMedia

(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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