Independent News & Media (LON:INM) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Independent News & Media PLC (LON:INM) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 0.10 ($0.00) and traded as high as GBX 0.10 ($0.00). Independent News & Media shares last traded at GBX 0.10 ($0.00), with a volume of 38,735 shares traded.

Independent News & Media Stock Up 0.5 %

The company’s 50-day moving average is GBX 0.10 and its two-hundred day moving average is GBX 0.10. The company has a market capitalization of £1.44 million and a P/E ratio of 14.86.

About Independent News & Media

Independent News & Media PLC primarily publishes and distributes newspapers in the Island of Ireland. The company publishes Irish Independent, Sunday Independent, The Herald, Sunday World, The Belfast Telegraph, Sunday Life, and The Star newspapers; and The Vow, a magazine for wedding planning. It also operates online portals, such as independent.ie and belfasttelegraph.co.uk, online news portals, which supports national and regional newspaper titles; CarsIreland.ie, a classified platform for auto trading; FarmIreland.ie; TheVow.ie, the weddings vertical; niJobfinder.co.uk, a recruitment portal; and PropertyNews.com, a property portal.