XLMedia (LON:XLM) Stock Price Crosses Below 200-Day Moving Average of $0.00

XLMedia PLC (LON:XLM)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as low as $63.00. XLMedia shares last traded at $63.50, with a volume of 244,580 shares changing hands.

Separately, Berenberg Bank lowered their price objective on XLMedia from GBX 115 ($1.50) to GBX 100 ($1.31) and set a “buy” rating for the company in a research report on Tuesday, March 26th.

The company has a debt-to-equity ratio of 4.18, a quick ratio of 2.35 and a current ratio of 2.46. The stock has a market capitalization of $132.38 million and a price-to-earnings ratio of 7.06. The business’s 50-day simple moving average is GBX 52.83.

In other news, insider Ory Weihs acquired 392,156 shares of the stock in a transaction on Tuesday, May 7th. The stock was acquired at an average price of GBX 51 ($0.67) per share, with a total value of £199,999.56 ($261,334.85). Insiders have acquired 1,110,237 shares of company stock valued at $54,219,798 in the last three months.

XLMedia Company Profile (LON:XLM)

XLMedia PLC is the United Kingdom-based online performance marketing company. The Company focuses on paying users from multiple online and mobile channels and directs them to online businesses who, in turn, convert such traffic into paying customers. The Company’s segments include Publishing, Media and Partners Network.

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