Independent News & Media (LON:INM) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of Independent News & Media PLC (LON:INMGet Free Report) passed above its 50-day moving average during trading on Wednesday . 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.

Independent News & Media Stock Up 0.5 %

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

Independent News & Media Company Profile

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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.

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