XLMedia (LON:XLM) Stock Passes Below 200-Day Moving Average – Here’s Why

XLMedia PLC (LON:XLM)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 10.42 ($0.13) and traded as low as GBX 9.50 ($0.12). XLMedia shares last traded at GBX 10.25 ($0.13), with a volume of 8,980,292 shares traded.

XLMedia Price Performance

The company has a quick ratio of 0.96, a current ratio of 2.14 and a debt-to-equity ratio of 0.05. The firm has a market cap of £27.22 million, a price-to-earnings ratio of -80.77 and a beta of 2.07. The stock’s 50-day moving average price is GBX 10.63 and its 200 day moving average price is GBX 10.42.

XLMedia Company Profile

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.