XLMedia (LON:XLM) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

XLMedia PLC (LON:XLM) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 10.43 ($0.13) and traded as low as GBX 10 ($0.13). XLMedia shares last traded at GBX 10.26 ($0.13), with a volume of 1,735,921 shares traded.

XLMedia Stock Up 1.5 %

The stock has a market capitalization of £33.06 million, a price-to-earnings ratio of -0.56 and a beta of 2.07. The business’s 50-day moving average is GBX 9.96 and its two-hundred day moving average is GBX 10.43. The company has a quick ratio of 0.96, a current ratio of 0.58 and a debt-to-equity ratio of 2.19.

About XLMedia

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.