Ebiquity (LON:EBQ) Share Price Crosses Above 50-Day Moving Average – Here’s Why

Ebiquity plc (LON:EBQ) crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of GBX 9.49 and traded as high as GBX 9.75. Ebiquity shares last traded at GBX 9.75, with a volume of 40,102 shares changing hands.

Ebiquity Stock Up 1.3%

The stock has a 50 day moving average price of GBX 9.49 and a 200 day moving average price of GBX 10.73. The company has a quick ratio of 1.23, a current ratio of 1.88 and a debt-to-equity ratio of 107.52. The stock has a market capitalization of £13.20 million, a price-to-earnings ratio of -2.92, a price-to-earnings-growth ratio of 0.75 and a beta of 0.16.

Ebiquity (LON:EBQ) last posted its earnings results on Tuesday, September 29th. The company reported GBX 0.45 earnings per share for the quarter. Ebiquity had a negative net margin of 6.28% and a negative return on equity of 19.11%. As a group, analysts forecast that Ebiquity plc will post 2.91 EPS for the current year.

About Ebiquity

Ebiquity plc (LSE AIM: EBQ) is a world leader in media investment analysis. It harnesses the power of data to provide independent, fact-based advice, enabling brand owners to perfect media investment decisions and improve business outcomes. Ebiquity is able to provide independent, unbiased advice and solutions to brands because we have no commercial interest in any part of the media supply chain. We are a data-driven solutions company helping brand owners drive efficiency and effectiveness from their media spend, eliminating wastage and creating value.