Aeorema Communications (LON:AEO) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Aeorema Communications plc (LON:AEO)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 59.36 and traded as high as GBX 65. Aeorema Communications shares last traded at GBX 64.70, with a volume of 5,434 shares changing hands.

Aeorema Communications Trading Up 3.5%

The company has a debt-to-equity ratio of 22.87, a quick ratio of 1.12 and a current ratio of 1.33. The firm has a market capitalization of £6.27 million, a P/E ratio of 29.41 and a beta of 0.91. The firm has a 50 day simple moving average of GBX 62.58 and a two-hundred day simple moving average of GBX 59.36.

Insider Transactions at Aeorema Communications

In related news, insider Richard Owen bought 25,000 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were purchased at an average cost of GBX 66 per share, for a total transaction of £16,500. Company insiders own 94.68% of the company’s stock.

Aeorema Communications Company Profile

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. Aeorema Communications plc was incorporated in 2001 and is based in London, the United Kingdom.