Feedback (LON:FDBK) Shares Cross Above 50-Day Moving Average – Here’s Why

Feedback plc (LON:FDBK)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 18.82 ($0.23) and traded as high as GBX 19.50 ($0.24). Feedback shares last traded at GBX 19.50 ($0.24), with a volume of 13,925 shares.

Feedback Trading Down 2.3 %

The firm has a market capitalization of £2.50 million, a price-to-earnings ratio of -75.00 and a beta of 0.77. The business has a 50-day moving average price of GBX 18.76 and a two-hundred day moving average price of GBX 37.25.

Feedback (LON:FDBK) last posted its earnings results on Monday, November 4th. The company reported GBX (24.74) (($0.31)) earnings per share (EPS) for the quarter. Feedback had a negative net margin of 279.16% and a negative return on equity of 35.63%. On average, equities research analysts predict that Feedback plc will post -8 earnings per share for the current fiscal year.

Insider Activity at Feedback

In related news, insider Philipp Prince sold 20,232 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of GBX 20 ($0.25), for a total value of £4,046.40 ($5,014.75). 10.75% of the stock is currently owned by insiders.

Feedback Company Profile

Feedback plc (AIM: FDBK) provides innovative software and systems through its trading subsidiary, Feedback Medical.

Feedback liberates data and knowledge from multiple healthcare IT systems and delivers better workflows to enable clinicians to communicate, collaborate and provide the best healthcare for their patients.