Aeorema Communications (LON:AEO) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Aeorema Communications plc (LON:AEO)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 48.26 ($0.65) and traded as high as GBX 48.80 ($0.66). Aeorema Communications shares last traded at GBX 48.80 ($0.66), with a volume of 2,055 shares.

Aeorema Communications Stock Up 2.7%

The firm has a 50-day moving average of GBX 46.66 and a 200 day moving average of GBX 48.26. The stock has a market capitalization of £4.88 million, a price-to-earnings ratio of 13.98 and a beta of 0.91. The company has a current ratio of 1.33, a quick ratio of 1.12 and a debt-to-equity ratio of 22.87.

Aeorema Communications (LON:AEO) last announced its earnings results on Wednesday, March 26th. The company reported GBX (1.11) (($0.01)) earnings per share (EPS) for the quarter. Aeorema Communications had a net margin of 1.46% and a return on equity of 10.56%.

About Aeorema Communications

Aeorema Communications plc, a live events agency, devises and delivers corporate communication solutions in the United Kingdom, the United States, and internationally. It assists clients with venue sourcing, event management, and incentive travel. The company was formerly known as Cheerful Scout plc and changed its name to Aeorema Communications plc in December 2011.