Aeorema Communications (LON:AEO) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Aeorema Communications plc (LON:AEOGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 54.47 ($0.69) and traded as low as GBX 46.50 ($0.59). Aeorema Communications shares last traded at GBX 46.50 ($0.59), with a volume of 3,500 shares trading hands.

Aeorema Communications Price Performance

The business’s 50-day simple moving average is GBX 51.79 and its 200 day simple moving average is GBX 54.47. The company has a current ratio of 1.33, a quick ratio of 1.12 and a debt-to-equity ratio of 22.87. The company has a market capitalization of £4.61 million, a P/E ratio of 13.20 and a beta of 0.91.

About Aeorema Communications

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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.

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