XLMedia (LON:XLM) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Shares of XLMedia PLC (LON:XLMGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 10.51 ($0.14) and traded as low as GBX 10 ($0.13). XLMedia shares last traded at GBX 10 ($0.13), with a volume of 806,858 shares trading hands.

XLMedia Stock Performance

The stock has a market cap of £32.24 million, a price-to-earnings ratio of -0.54 and a beta of 2.07. The company has a debt-to-equity ratio of 2.19, a current ratio of 0.58 and a quick ratio of 0.96. The company’s fifty day simple moving average is GBX 10.41 and its two-hundred day simple moving average is GBX 10.51.

Insider Activity

In other news, insider Cédric Boireau sold 38,928,944 shares of XLMedia stock in a transaction on Monday, February 17th. The stock was sold at an average price of GBX 12 ($0.15), for a total transaction of £4,671,473.28 ($6,026,152.32). Corporate insiders own 34.32% of the company’s stock.

XLMedia Company Profile

(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.

Further Reading

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