AIREA (LON:AIEA) Stock Crosses Below Fifty Day Moving Average – Here’s Why

AIREA plc (LON:AIEAGet Free Report)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 27.22 and traded as low as GBX 26.01. AIREA shares last traded at GBX 26.01, with a volume of 2,023 shares changing hands.

AIREA Stock Performance

The stock has a 50-day simple moving average of GBX 27.17 and a 200 day simple moving average of GBX 24.47. The company has a debt-to-equity ratio of 12.40, a current ratio of 2.98 and a quick ratio of 1.66. The company has a market capitalization of £10.62 million, a PE ratio of 10.51 and a beta of 1.08.

Insider Buying and Selling

In other AIREA news, insider Tanya Ashton bought 33,320 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was purchased at an average cost of GBX 26 per share, for a total transaction of £8,663.20. Insiders own 16.91% of the company’s stock.

About AIREA

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AIREA plc is a UK design-led specialist flooring company listed on the AIM market of the London Stock Exchange, supplying to both UK and international markets. Since 2007, the Group has been focused solely on floor coverings and enjoys a strong and growing brand position within the commercial flooring market.

Further Reading

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