MediaZest (LON:MDZ) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Shares of MediaZest plc (LON:MDZ) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.09 and traded as low as GBX 0.09. MediaZest shares last traded at GBX 0.09, with a volume of 499 shares traded.

MediaZest Price Performance

The firm has a market cap of £1.61 million, a P/E ratio of -95.00 and a beta of 0.89. The stock’s 50-day moving average is GBX 0.09 and its 200-day moving average is GBX 0.09. The company has a quick ratio of 0.28, a current ratio of 0.23 and a debt-to-equity ratio of 229.88.

Insider Activity

In related news, insider James Abdool acquired 5,882,353 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was acquired at an average price of GBX 1 per share, with a total value of £58,823.53. Insiders own 0.86% of the company’s stock.

MediaZest Company Profile

MediaZest is a creative audio-visual solutions provider that specialises in delivering innovative digital signage and audio systems to leading retailers, brand owners and corporations. The Group offers an integrated service from content creation and system design to installation, technical support, and maintenance. MediaZest was admitted to the London Stock Exchange’s AIM in February 2005.