SpaceandPeople (LON:SAL) Stock Passes Below 200-Day Moving Average – Time to Sell?

SpaceandPeople plc (LON:SAL) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 89.66 ($1.16) and traded as low as GBX 85 ($1.10). SpaceandPeople shares last traded at GBX 88 ($1.14), with a volume of 2,499 shares trading hands.

SpaceandPeople Stock Up 0.6 %

The firm’s 50 day simple moving average is GBX 95.42 and its 200-day simple moving average is GBX 89.66. The company has a debt-to-equity ratio of 42.19, a current ratio of 0.54 and a quick ratio of 0.61. The company has a market cap of £1.67 million, a price-to-earnings ratio of 550.00, a P/E/G ratio of 5.51 and a beta of 0.82.

About SpaceandPeople

SpaceandPeople plc markets and sells promotional and retail licensing space on behalf of shopping centers, retail parks, railway stations, and other venues in the United Kingdom and Germany. It operates in two segments, Promotional Sales and Retail. The company markets, sells, and administers promotional space, as well as on-mall and short-term retail space in footfall venues, including shopping centers, garden centers, city centres, retail parks, travel hubs, and train stations.