AIREA (LON:AIEA) Stock Price Up 7.1% – Here’s Why

AIREA plc (LON:AIEA) rose 7.1% on Wednesday. The stock traded as high as GBX 27.84 and last traded at GBX 27.84. Approximately 20,161 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 44,193 shares. The stock had previously closed at GBX 26.

AIREA Trading Up 7.1%

The company has a market cap of £11.08 million, a price-to-earnings ratio of 7.63 and a beta of 1.08. 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 firm’s fifty day moving average price is GBX 26.65 and its 200-day moving average price is GBX 26.48.

AIREA (LON:AIEA) last released its quarterly earnings results on Tuesday, September 29th. The company reported GBX 0.57 EPS for the quarter. AIREA had a net margin of 0.31% and a return on equity of 0.39%.

Insider Buying and Selling at AIREA

In other news, insider Tanya Ashton bought 33,320 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was purchased at an average price of GBX 26 per share, for a total transaction of £8,663.20. Also, insider Conleth Campbell sold 65,186 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of GBX 26, for a total transaction of £16,948.36. 16.42% of the stock is currently owned by company insiders.

AIREA Company Profile

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.