Aterian (LON:ATN) Sets New 12-Month Low – Here’s What Happened

Aterian plc (LON:ATNGet Free Report) shares reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 45 ($0.59) and last traded at GBX 45 ($0.59), with a volume of 44 shares trading hands. The stock had previously closed at GBX 49 ($0.64).

Aterian Stock Performance

The firm has a 50 day moving average price of GBX 53.61 and a two-hundred day moving average price of GBX 43.77. The firm has a market capitalization of £5.72 million, a price-to-earnings ratio of -757.14 and a beta of -0.10.

Insider Transactions at Aterian

In related news, insider Charles Grant Bray acquired 25,000 shares of the stock in a transaction dated Thursday, October 17th. The shares were acquired at an average price of GBX 50 ($0.65) per share, with a total value of £12,500 ($16,271.80). Company insiders own 70.06% of the company’s stock.

About Aterian

(Get Free Report)

Aterian plc engages in the exploration and development of mineral properties in Africa. The company primarily explores for tin, tungsten, copper, silver, and tantalum. It holds 100% interest in the AGDZ Copper-Silver project covering and area of 762 kilometer square located in Morocco; and the Kuaka JV The Musasa project located in Rwanda.

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