Everyman Media Group (LON:EMAN) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Everyman Media Group plc (LON:EMANGet Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 39.17 ($0.52) and traded as high as GBX 41 ($0.54). Everyman Media Group shares last traded at GBX 39.80 ($0.53), with a volume of 127,224 shares.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 160 ($2.13) price target on shares of Everyman Media Group in a research note on Tuesday, April 15th.

Read Our Latest Stock Analysis on Everyman Media Group

Everyman Media Group Trading Down 1.7%

The business’s fifty day simple moving average is GBX 39.17 and its two-hundred day simple moving average is GBX 44.54. The stock has a market capitalization of £35.32 million, a P/E ratio of -15.77 and a beta of 1.18. The company has a current ratio of 0.46, a quick ratio of 0.48 and a debt-to-equity ratio of 317.52.

Everyman Media Group (LON:EMANGet Free Report) last released its quarterly earnings data on Tuesday, April 15th. The company reported GBX (9.36) (($0.12)) earnings per share for the quarter. Everyman Media Group had a negative return on equity of 5.24% and a negative net margin of 2.25%. As a group, analysts forecast that Everyman Media Group plc will post 1.8280793 earnings per share for the current year.

Insider Buying and Selling at Everyman Media Group

In related news, insider Alex Scrimgeour purchased 75,056 shares of the business’s stock in a transaction on Thursday, May 8th. The shares were purchased at an average price of GBX 40 ($0.53) per share, with a total value of £30,022.40 ($39,880.98). Insiders own 61.84% of the company’s stock.

Everyman Media Group Company Profile

(Get Free Report)

Everyman Media Group plc, together with its subsidiaries, engages in the ownership and management of cinemas in the United Kingdom. The company operates a network of 38 venues with 130 screens under the Everyman brand name. It is also involved in the property management business. The company was formerly known as Finlaw Two Plc and changed its name to Everyman Media Group plc in October 2013.

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