Everyman Media Group (LON:EMAN) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Everyman Media Group plc (LON:EMAN)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 39.42 and traded as low as GBX 36. Everyman Media Group shares last traded at GBX 36.99, with a volume of 15,966 shares changing hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 160 price objective on shares of Everyman Media Group in a report on Monday, July 28th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 160.

Everyman Media Group Stock Down 1.2%

The company has a quick ratio of 0.48, a current ratio of 0.46 and a debt-to-equity ratio of 317.52. The business has a 50-day simple moving average of GBX 39.42 and a two-hundred day simple moving average of GBX 40.36. The stock has a market capitalization of £32.88 million, a P/E ratio of -4.26 and a beta of 1.18.

Everyman Media Group (LON:EMAN) last posted its earnings results on Wednesday, September 24th. The company reported GBX (3.33) 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%. Equities research analysts forecast that Everyman Media Group plc will post 1.8280793 earnings per share for the current fiscal year.

About Everyman Media Group

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.