Emerald (NYSE:EEX) Stock Crosses Below Fifty Day Moving Average – Time to Sell?

Posted by Linda Flegge on Mar 9th, 2025

Emerald Holding, Inc. (NYSE:EEX – Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.51 and traded as low as $3.90. Emerald shares last traded at $3.91, with a volume of 115,774 shares changing hands.

Emerald Price Performance

The company has a market cap of $794.68 million, a P/E ratio of -7.25 and a beta of 1.31. The company has a fifty day moving average price of $4.48 and a two-hundred day moving average price of $4.69. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.27 and a current ratio of 1.27.

Emerald Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Monday, March 10th will be issued a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date is Monday, March 10th. Emerald’s payout ratio is currently -11.11%.

Hedge Funds Weigh In On Emerald

A number of hedge funds and other institutional investors have recently bought and sold shares of EEX. Copeland Capital Management LLC acquired a new stake in Emerald during the fourth quarter worth approximately $57,000. Two Sigma Securities LLC acquired a new stake in Emerald during the fourth quarter worth approximately $62,000. Virtu Financial LLC acquired a new stake in Emerald during the third quarter worth approximately $67,000. XTX Topco Ltd acquired a new stake in Emerald during the fourth quarter worth approximately $69,000. Finally, ExodusPoint Capital Management LP acquired a new stake in shares of Emerald in the fourth quarter valued at approximately $72,000. Institutional investors own 14.90% of the company’s stock.

About Emerald

(Get Free Report)

Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.