Aeorema Communications (LON:AEO) Stock Passes Below 200 Day Moving Average of $82.74

Shares of Aeorema Communications plc (LON:AEO) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 82.74 ($1.02) and traded as low as GBX 61.50 ($0.76). Aeorema Communications shares last traded at GBX 61.50 ($0.76), with a volume of 7,482 shares trading hands.

Aeorema Communications Stock Performance

The firm has a market cap of £5.87 million, a P/E ratio of 2,050.00 and a beta of 0.93. The company has a debt-to-equity ratio of 27.72, a quick ratio of 1.12 and a current ratio of 1.43. The stock’s 50-day moving average is GBX 74.59 and its 200 day moving average is GBX 82.74.

Insiders Place Their Bets

In other Aeorema Communications news, insider Michael Hale acquired 50,000 shares of the business’s stock in a transaction dated Tuesday, April 2nd. The shares were acquired at an average price of GBX 65 ($0.80) per share, for a total transaction of £32,500 ($40,143.28). In related news, insider Michael Hale bought 50,000 shares of the company’s stock in a transaction on Tuesday, April 2nd. The shares were purchased at an average cost of GBX 65 ($0.80) per share, for a total transaction of £32,500 ($40,143.28). Also, insider Richard Owen purchased 20,000 shares of the business’s stock in a transaction on Wednesday, March 27th. The stock was bought at an average cost of GBX 55 ($0.68) per share, for a total transaction of £11,000 ($13,586.96). Corporate insiders own 60.49% of the company’s stock.

About Aeorema Communications

Aeorema Communications plc, a live events agency, devises and delivers corporate communication solutions in the United Kingdom, the United States, and internationally. It assists clients with venue sourcing, event management, and incentive travel. The company was formerly known as Cheerful Scout plc and changed its name to Aeorema Communications plc in December 2011.