AIREA (LON:AIEA) Stock Crosses Below 50-Day Moving Average – What’s Next?

Shares of AIREA plc (LON:AIEAGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 25.20 ($0.33) and traded as low as GBX 24.50 ($0.32). AIREA shares last traded at GBX 24.50 ($0.32), with a volume of 4,110 shares trading hands.

AIREA Trading Down 2.0 %

The firm has a fifty day moving average of GBX 25.20 and a 200 day moving average of GBX 28.93. The firm has a market capitalization of £9.45 million, a PE ratio of 1,300.00 and a beta of 1.08. The company has a debt-to-equity ratio of 12.40, a quick ratio of 1.66 and a current ratio of 2.98.

Insider Transactions at AIREA

In other news, insider Conleth Campbell acquired 60,000 shares of the firm’s stock in a transaction on Thursday, September 26th. The stock was bought at an average cost of GBX 27 ($0.35) per share, with a total value of £16,200 ($21,154.35). Corporate insiders own 54.06% of the company’s stock.

AIREA Company Profile

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AIREA plc, together with its subsidiaries, engages in the designing and manufacture of floor coverings in the United Kingdom and internationally. The company offers carpet tiles and planks for architects, specifiers and contractors in the education, leisure, commercial, hospitality, and public sectors under the Burmatex brand name.

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