Alina (LON:ALNA) Trading Down 19.2% – Here’s Why

Alina Holdings Plc (LON:ALNA)’s stock price was down 19.2% during mid-day trading on Wednesday . The company traded as low as GBX 10.10 and last traded at GBX 10.10. Approximately 1,500 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 19,516 shares. The stock had previously closed at GBX 12.50.

Alina Trading Down 19.2%

The company has a debt-to-equity ratio of 6.96, a current ratio of 5.05 and a quick ratio of 1.90. The stock has a market capitalization of £2.29 million, a price-to-earnings ratio of -2.45 and a beta of -0.25. The business has a 50 day simple moving average of GBX 11.92 and a 200-day simple moving average of GBX 10.88.

About Alina

Alina Holdings Plc, together with its subsidiaries, engages in the investment and rental of properties in the United Kingdom. The company was formerly known as The Local Shopping REIT plc and changed its name to Alina Holdings Plc in November 2020. The company was incorporated in 2004 and is based in Warminster, the United Kingdom.