AIREA (LON:AIEA) Stock Price Down 2.3% – Here’s Why

AIREA plc (LON:AIEA)’s share price fell 2.3% during mid-day trading on Thursday . The company traded as low as GBX 20.83 ($0.26) and last traded at GBX 21.50 ($0.27). 34,201 shares were traded during trading, an increase of 70% from the average session volume of 20,147 shares. The stock had previously closed at GBX 22 ($0.28).

AIREA Price Performance

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 company has a market cap of £8.30 million, a P/E ratio of 1,300.00 and a beta of 1.08. The business’s 50 day moving average price is GBX 24.91 and its 200-day moving average price is GBX 27.51.

Insider Transactions at AIREA

In related news, insider Conleth Campbell acquired 60,000 shares of the company’s stock in a transaction dated Thursday, September 26th. The shares were bought at an average price of GBX 27 ($0.34) per share, for a total transaction of £16,200 ($20,308.39). 54.06% of the stock is owned by corporate insiders.

AIREA Company Profile

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.