Mirriad Advertising (LON:MIRI) Trading Down 8.8% – Here’s Why

Mirriad Advertising plc (LON:MIRIGet Free Report)’s stock price dropped 8.8% during trading on Friday . The stock traded as low as GBX 0.28 ($0.00) and last traded at GBX 0.28 ($0.00). Approximately 20,492,883 shares were traded during trading, an increase of 20% from the average daily volume of 17,119,736 shares. The stock had previously closed at GBX 0.31 ($0.00).

Mirriad Advertising Price Performance

The company has a 50 day moving average price of GBX 0.18 and a 200 day moving average price of GBX 0.30. The firm has a market cap of £2.84 million, a PE ratio of -13.80 and a beta of 1.10. The company has a current ratio of 4.98, a quick ratio of 6.88 and a debt-to-equity ratio of 0.58.

About Mirriad Advertising

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Mirriad Advertising plc provides in-video advertising services to broadcasters, advertisers, brand owners, and their agencies in the United Kingdom, the United States, China, and India. It inserts advertising imagery, such as signage, products, or videos into pre-existing video content. The company was incorporated in 2015 and is based in London, the United Kingdom.

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