XLMedia (LON:XLM) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

XLMedia PLC (LON:XLMGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 10.48 ($0.14) and traded as low as GBX 10 ($0.13). XLMedia shares last traded at GBX 10.32 ($0.13), with a volume of 44,728 shares changing hands.

XLMedia Stock Performance

The business’s fifty day moving average is GBX 10.37 and its two-hundred day moving average is GBX 10.48. The stock has a market capitalization of £33.05 million, a PE ratio of -0.55 and a beta of 2.07. The company has a quick ratio of 0.96, a current ratio of 0.58 and a debt-to-equity ratio of 2.19.

Insiders Place Their Bets

In other news, insider Cédric Boireau sold 38,928,944 shares of the firm’s stock in a transaction that occurred on Monday, February 17th. The stock was sold at an average price of GBX 12 ($0.15), for a total value of £4,671,473.28 ($6,031,598.81). Corporate 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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