Aeorema Communications (LON:AEO) Shares Pass Above 200-Day Moving Average – Should You Sell?

Shares of Aeorema Communications plc (LON:AEO) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 53.88 and traded as high as GBX 64.97. Aeorema Communications shares last traded at GBX 62.06, with a volume of 6,694 shares.

Aeorema Communications Stock Performance

The company has a 50 day simple moving average of GBX 60.31 and a 200-day simple moving average of GBX 53.88. The company has a debt-to-equity ratio of 22.87, a current ratio of 1.33 and a quick ratio of 1.12. The stock has a market cap of £6.02 million, a P/E ratio of 28.21 and a beta of 0.91.

Aeorema Communications (LON:AEO) last announced its quarterly earnings data on Thursday, September 18th. The company reported GBX 2.47 earnings per share for the quarter. Aeorema Communications had a return on equity of 10.56% and a net margin of 1.46%.

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.