XLMedia (LON:XLM) Trading Down 10.8% – Should You Sell?

XLMedia PLC (LON:XLMGet Free Report)’s stock price was down 10.8% on Wednesday . The stock traded as low as GBX 8.10 ($0.11) and last traded at GBX 8.48 ($0.11). Approximately 326,854 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 2,682,174 shares. The stock had previously closed at GBX 9.50 ($0.13).

XLMedia Stock Down 13.7 %

The company has a market cap of £26.44 million, a price-to-earnings ratio of -0.44 and a beta of 2.07. The stock’s 50-day moving average is GBX 10.12 and its 200-day moving average is GBX 10.53. The company has a current ratio of 0.58, a quick ratio of 0.96 and a debt-to-equity ratio of 2.19.

Insider Activity

In other XLMedia news, insider Cédric Boireau sold 38,928,944 shares of the firm’s stock in a transaction on Monday, February 17th. The shares were sold at an average price of GBX 12 ($0.16), for a total value of £4,671,473.28 ($6,265,387.98). Company insiders own 34.32% of the company’s stock.

About XLMedia

(Get Free Report)

XLMedia is a leading global digital media company that creates compelling content for highly engaged audiences and connects them to relevant advertisers.

The Group manages a portfolio of premium brands with a primary emphasis on Sports and Gaming in regulated markets. XLMedia brands are designed to reach passionate people with the right content at the right time.

Further Reading

Receive News & Ratings for XLMedia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XLMedia and related companies with MarketBeat.com's FREE daily email newsletter.