XLMedia (LON:XLM) Shares Cross Below 200 Day Moving Average of $15.57

XLMedia PLC (LON:XLMGet Rating)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 15.57 ($0.19) and traded as low as GBX 8.28 ($0.10). XLMedia shares last traded at GBX 9 ($0.11), with a volume of 7,773,396 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lowered their price target on shares of XLMedia from GBX 50 ($0.62) to GBX 45 ($0.56) and set a “buy” rating on the stock in a report on Thursday, March 30th.

XLMedia Price Performance

The company has a current ratio of 0.77, a quick ratio of 0.96 and a debt-to-equity ratio of 1.52. The company has a market cap of ¬£23.39 million, a P/E ratio of 900.00 and a beta of 1.89. The business’s fifty day moving average is GBX 12.82 and its 200 day moving average is GBX 15.57.

About XLMedia

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XLMedia PLC operates as a performance publishing company that delivers customers to online businesses in Scandinavia, other European countries, North America, Oceania, and internationally. It owns and operates approximately 2,000 websites in 18 languages across various industry verticals, including gambling, sports betting, personal finance, and others.

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