XLMedia (LON:XLM) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

XLMedia PLC (LON:XLM)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 10.43 ($0.13) and traded as low as GBX 10 ($0.13). XLMedia shares last traded at GBX 10.26 ($0.13), with a volume of 1,735,921 shares changing hands.

XLMedia Stock Up 1.5 %

The firm’s 50-day moving average is GBX 9.96 and its two-hundred day moving average is GBX 10.43. The company has a debt-to-equity ratio of 2.19, a quick ratio of 0.96 and a current ratio of 0.58. The stock has a market cap of £33.06 million, a P/E ratio of -0.56 and a beta of 2.07.

About XLMedia

XLMedia is a leading global digital media company that creates compelling content for highly engaged audiences and connects them to relevant advertisers.

The Group manages a portfolio of premium brands with a primary emphasis on Sports and Gaming in regulated markets. XLMedia brands are designed to reach passionate people with the right content at the right time.