Mirriad Advertising (LON:MIRI) Trading 20% Higher – Here’s What Happened

Mirriad Advertising plc (LON:MIRI) rose 20% during mid-day trading on Tuesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 23,041,023 shares traded hands during trading, an increase of 491% from the average daily volume of 3,898,458 shares. The stock had previously closed at GBX 0.14 ($0.00).

Mirriad Advertising Price Performance

The company’s 50 day simple moving average is GBX 0.28 and its 200 day simple moving average is GBX 0.59. The company has a debt-to-equity ratio of 0.58, a current ratio of 4.98 and a quick ratio of 6.88. The stock has a market cap of £1.67 million, a P/E ratio of -7.00 and a beta of 1.10.

Mirriad Advertising Company Profile

Mirriad Advertising plc provides in-video advertising services to broadcasters, advertisers, brand owners, and their agencies in the United Kingdom, the United States, China, and India. It inserts advertising imagery, such as signage, products, or videos into pre-existing video content. The company was incorporated in 2015 and is based in London, the United Kingdom.