Aeorema Communications (LON:AEO) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Posted by Joseph Casey on Jan 5th, 2025

Aeorema Communications plc (LON:AEO – Get Free Report)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 56.72 ($0.70) and traded as low as GBX 52.03 ($0.65). Aeorema Communications shares last traded at GBX 52.35 ($0.65), with a volume of 3,246 shares changing hands.

Aeorema Communications Price Performance

The business’s 50-day simple moving average is GBX 55.27 and its 200 day simple moving average is GBX 56.72. The company has a market capitalization of £5.10 million, a P/E ratio of 1,783.33 and a beta of 0.91. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 27.72.

Aeorema Communications Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, January 20th. Investors of record on Tuesday, December 24th will be issued a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend is Tuesday, December 24th. This represents a yield of 5.61%. Aeorema Communications’s payout ratio is 10,000.00%.

Aeorema Communications Company Profile

(Get Free Report)

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.